610 Monroe AveMemphis, TN 38103

  • Warehouses
  • 9,254 SF

Property Details for 610 Monroe Ave

Year built
1997
Lot size
0.24 AC
Property size (Sq ft)
9,254 SF
Zone code
CBD
Property type
Warehouses
APN
007-032- - -00011
APU
703200011

Description

This exceptional 12,946-square-foot property at 610 Monroe Avenue in Memphis, Tennessee, presents a unique investment opportunity. Located in Shelby County's burgeoning Edge District, this Class B building offers a blend of industrial and office space, ideal for a variety of businesses. Built in 1997, the property features a flexible layout suitable for multiple tenants or a single large occupant. The building is currently fully vacant, providing immediate occupancy for a new owner or lessee. Two suites are available, with a minimum divisible space of 5,362 square feet and a maximum contiguous space of 7,584 square feet. The property's versatile design caters to diverse needs, encompassing executive office, manufacturing, flex, warehouse, and distribution uses. Its strategic location between Downtown and Midtown Memphis offers excellent access to major transportation routes and a thriving workforce. This is a rare chance to acquire a substantial, multi-use property in a rapidly developing area of Memphis, offering significant potential for growth and return on investment. The property's 38103 zip code ensures convenient access to amenities and a strong local economy. The building's total square footage is 12,946, providing ample space for expansion or multiple tenants. This is a prime opportunity to establish a strong presence in a dynamic Memphis neighborhood.

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.141
Longitude
-90.0404
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
$6,386
$48,560
$56,280
$104,840
-
$121,400
$140,700
$262,100

FAQs

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