430 Monroe AveMemphis, TN 38103

  • Warehouses
  • 24,141 SF

Property Details for 430 Monroe Ave

Year built
1910
Lot size
0.27 AC
Property size (Sq ft)
24,141 SF
Zone code
CBD
Property type
Warehouses
Property subtype
Self storage facilities
APN
007-002- - -00007
APU
700200007

Description

This exceptional three-story medical office building, located at 430 Monroe Avenue in Memphis, Tennessee, offers a unique opportunity for businesses seeking flexible and modern space. Built in 1997, the property boasts a total of 24,141 square feet, currently featuring two suites. A significant portion of the building, totaling 21,680 square feet, is currently vacant and available for lease. The building's design allows for adaptable layouts, with minimum divisible space starting at 1,000 square feet and maximum contiguous space reaching 10,840 square feet. Situated in Shelby County's vibrant Medical District, this converted warehouse offers a chic and modern aesthetic, perfectly suited for medical practices or other commercial tenants. Its location provides easy access to trendy breweries, restaurants, and apartments, creating a dynamic and desirable environment for employees and clients alike. The property's open layout provides the opportunity for tenants to customize the space to meet their specific needs and create a unique and functional workspace. This prime location and flexible space make 430 Monroe Avenue an exceptional investment opportunity. The building's address is 430 Monroe Ave, Memphis, TN 38103.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,981,356
    Hospitality
    $3,646,901
    Educational
    $3,034,179
    Medical
    $3,138,529
    Retail
    $4,719,834

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.1416
Longitude
-90.0424
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
$11,983
$54,000
$142,720
$196,720
-
$135,000
$356,800
$491,800

FAQs

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