1555 Lynnfield RdMemphis, TN 38119

Property Details for 1555 Lynnfield Rd

Year built

1977

Lot size

5.02 AC

Property size (Sq ft)

85,552 SF

Zone code

OG

Property type

Office properties

Property subtype

Office buildings

APN

081-003- - -00007

APU

8100300007

Description

Lynnfield Office Park offers a unique workspace opportunity in the heart of East Memphis. This exceptional property comprises four two-story buildings, each featuring floor-to-ceiling windows that bathe the interiors in abundant natural light. The park provides a variety of office spaces, catering to diverse needs. Available spaces range from 601 square feet to 35,000 square feet, accommodating businesses of all sizes. The flexible layout allows for traditional office setups, executive suites, coworking arrangements, or medical office practices. The property's multiple tenancy structure ensures a vibrant and collaborative environment. Located near the intersection of Park Avenue and Quince Road in Shelby County's East Submarket, Lynnfield Office Park benefits from excellent accessibility and visibility. The buildings are classified as Class B and include elevators for convenient access to all floors. This is an exceptional opportunity to secure office space in a well-maintained and naturally lit environment within a thriving business community. The combination of size flexibility, multiple building options, and desirable location makes Lynnfield Office Park an attractive choice for a wide range of businesses. Contact us today to learn more about available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $12,326,687

  6.5%

  $11,378,480

  7%

  $10,565,732

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,669,634

  Geo Method

  $6,669,634

• Alternative Use

  Use

  Valuation

  Residential

  $14,109,316

  Hospitality

  $12,924,057

  Educational

  $10,752,664

  Medical

  $11,122,465

  Retail

  $16,726,366

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Latitude

35.0934

Longitude

-89.8694

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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