6267 Poplar AveMemphis, TN 38119

Property Details for 6267 Poplar Ave

Year built

2009

Lot size

0.44 AC

Property size (Sq ft)

4,977 SF

Zone code

OG

Property type

Retail properties

Property subtype

Retail space

APN

081-006- - -00019

APU

8100600019

Description

This exceptional 5,000-square-foot freestanding retail building presents a remarkable opportunity in the vibrant East Memphis market. Located on Poplar Avenue, between Briarcrest Avenue and Massey Road, this single-tenant property enjoys unparalleled visibility and accessibility. The building's entire 5,000 square feet is currently vacant, offering a blank canvas for a discerning tenant to customize the space to their exact specifications. Its prime location within the heart of East Memphis ensures high foot traffic and strong brand recognition potential. The property is situated in Shelby County, Tennessee, and boasts a convenient address at 6267 Poplar Avenue, Memphis, TN 38119. This is an ideal location for a variety of retail businesses seeking a high-profile presence in a thriving commercial corridor. The property's freestanding nature provides ample parking and excellent visibility, making it an attractive option for businesses seeking to maximize their customer reach. The building's size and layout offer flexibility for a range of retail concepts, from smaller boutiques to larger-scale operations. This is a rare opportunity to secure a prominent retail space in one of Memphis's most desirable commercial areas. The property is classified as Commercial, Freestanding Building and is categorized as Retail. Serious inquiries are encouraged to explore this exceptional investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,054,147

  6.5%

  $973,059

  7%

  $903,555

• Comparable approach

  Method

  Valuation

  Relative Method

  $977,777

  Geo Method

  $977,777

• Alternative Use

  Use

  Valuation

  Residential

  $820,812

  Hospitality

  $751,859

  Educational

  $625,538

  Medical

  $647,051

  Retail

  $973,059

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Latitude

35.1005

Longitude

-89.8543

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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