1750 Madison AveMemphis, TN 38104

  • Office properties
  • 81,784 SF
For Lease

Property Details for 1750 Madison Ave

Year built
1974
Lot size
1.73 AC
Property size (Sq ft)
81,784 SF
Zone code
CMU-3
Property type
Office properties
Property subtype
Office buildings
APN
017-044- - -00025-C
APU
01704400025C

Description

1750 Madison Avenue in vibrant Midtown Memphis offers exceptional executive office suites within a Class B, six-story building. This 48,224 square foot property, built in 1974, boasts a total of seven suites, providing a range of options for businesses of various sizes. Currently, there are 22,203 square feet of vacant space available, divisible into units as small as 1,585 square feet and offering contiguous spaces up to 8,637 square feet. The building's location in Shelby County, Tennessee, provides easy access to the city's amenities and transportation networks. Ideal for businesses seeking flexible and modern office space in a thriving urban setting, this property presents a unique opportunity to establish a prominent presence in Midtown Memphis. The building's multiple tenancy structure allows for a diverse and dynamic community of businesses. The address is 1750 Madison Ave, Memphis, TN 38104. This is a fantastic opportunity to secure high-quality office space in a desirable location. The property offers a blend of established infrastructure and the energy of a revitalized urban core. Contact us today to learn more about the available spaces and to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,783,778
    6.5%
    $10,877,334
    7%
    $10,100,381
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,375,880
    Geo Method
    $6,375,880
  • Alternative Use

    Use
    Valuation
    Residential
    $13,487,894
    Hospitality
    $12,354,838
    Educational
    $10,279,080
    Medical
    $10,632,594
    Retail
    $15,989,680
1750 Madison Ave, Memphis, Tennessee

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.1388
Longitude
-90.0027
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$38,533
$248,920
$383,640
$632,560
-
$622,300
$959,100
$1,581,400

FAQs

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