3855 Perkins RdMemphis, TN 38118

Property Details for 3855 Perkins Rd

Year built

1965

Lot size

0.48 AC

Property size (Sq ft)

3,690 SF

Zone code

EMP

Property type

Specialty properties

APN

073-040- - -00035

APU

7304000035

Description

This 3,690 square foot vacant office building, located at 3855 S Perkins Rd, Memphis, TN 38118, presents a compelling redevelopment or value-add investment opportunity. The single-story, 1965-built structure underwent renovations in 2020 and sits on a lot with ample parking. Currently zoned EMP-Employment, this property offers significant flexibility for various uses. Previously operating as a veterinary clinic, it's ideally suited for a pet boarding/grooming facility, capitalizing on a booming $11+ billion industry. However, the adaptable layout allows for conversion to other office spaces or even a small distribution facility. The building's 3,600-4,500 square feet of space provides ample room for expansion or customization. The property is conveniently located near major US highways and local thoroughfares, ensuring excellent accessibility. Available for occupancy immediately, this owner/user property offers a unique chance to establish a thriving business or create a strong return on investment. The asking price is $250,000.

• Alternative Use

  Use

  Valuation

  Residential

  $608,558

  Hospitality

  $557,436

  Educational

  $463,780

  Medical

  $479,730

  Retail

  $721,436

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Latitude

35.0435

Longitude

-89.9086

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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