Memphis TN Commercial for Sale

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Type:
Office
Sq.Ft.:
35,508
Status:
NEW LISTING
Beds:
n/a
Lot size:
2.12 Acres
Year built:
1986
Baths:
MLS#:
2759438

ADDITIONAL INFORMATION

I am pleased to offer this amazing 35,508 square foot Professional Office Property! Located with in the Heart of East Memphis, in a dense Office/residential corridor with a strong mix of recession proof tenants providing for you a secure investment. Offering a quiet office setting, which includes a landscaped interior courtyard and "A" finishes. Renovations in Lobby and common area. The building exterior just went through a major renovation with new exterior painting of the brick, parking lot, and updated landscaping. High ceilings, 9'-10' throughout, and elevator. Priced below replacement value, Tennessee is an income tax free state, Memphis is the second most Populous City in Tennessee with about 630,000 residents, vehicle count for Ridge Lake Boulevard is approx. 145,000 vehicles per day, Excellent demographics, with a population of over 200,000. With nearby tenants include: Target, PetSmart, Best Buy, Marriott, Hilton, Embassy Suites, Hampton Inn & Suites, REI, Staybridge Suites, Courtyard by Marriott, Hyatt Place, La Quinta Inn & Suites and many more.

Type:
Office
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1982
Baths:
MLS#:
10165779
Subdivision:
KIRBY OFFICE CONDOMINIUM BLDG 2

ADDITIONAL INFORMATION

NEW PRICE!! RARE opportunity to OWN a turnkey office space in the Kirby Office Condominium Complex! Office spaces, let alone entire floors, in this complex rarely become available for purchase. Unit 200 is in great condition and ready to serve as your next office or income generator. Second floor includes: two entrances, 5 office spaces, 2 large common areas, 2 full bathrooms, and a kitchen area.

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Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

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Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site is courtesy of the Memphis Area Association of Realtors Internet Data Exchange Program. Copyright 2024 Memphis Area Association of REALTORS. All rights reserved.



Memphis Real Estate

The median home value in Memphis, TN is $148,300. This is lower than the county median home value of $206,500. The national median home value is $338,100. The average price of homes sold in Memphis, TN is $148,300. Approximately 40.23% of Memphis homes are owned, compared to 45.77% rented, while 14% are vacant. Memphis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Memphis real estate agent to arrange a tour today!

Memphis, Tennessee 38120 has a population of 634,139. Memphis 38120 is less family-centric than the surrounding county with 19.26% of the households containing married families with children. The county average for households married with children is 25.11%.

The median household income in Memphis, Tennessee 38120 is $43,981. The median household income for the surrounding county is $55,015 compared to the national median of $69,021. The median age of people living in Memphis 38120 is 34.2 years.

Memphis Weather

The average high temperature in July is 90.9 degrees, with an average low temperature in January of 30.3 degrees. The average rainfall is approximately 54.1 inches per year, with 3 inches of snow per year.

Memphis Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    89
    30-day change

Memphis Schools and Demographics

Education near Memphis, TN

Metric City County
High School Graduates 86.61 89.28
College Degree - 2 year 5.63 6.34
College Degree - 4 year 27.09 33.31
Graduate Degree 7.31 9.69
Expenditures per Student 12,225 12,225
Students per Teacher 15.8 15.8

Elementary Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
Balmoral Ridgeway Elementary KG - 05 330 15.7 38119
Belle Forest Community School PK - 05 1,153 20.9 38115
Brownsville Elementary PK - 05 588 16.3 38134
Campus Kids Corner PK - PK 0 38134
Germantown Elementary PK - 05 643 16.4 38138
Grahamwood Elementary PK - 06 1,025 16.6 38122
Highland Oaks Elementary PK - 05 1,033 17.8 38125
Kate Bond Elementary School PK - 05 1,072 15 38133
Macon-Hall Elementary PK - 05 1,156 18.7 38016
Oak Forest PK - 05 545 14.6 38119
Omni Prep. Academy - North Point Lower School KG - 04 200 21.1 38134
Raleigh- Bartlett Meadows School PK - 05 449 17.4 38134
Richland Elementary PK - 05 822 16.4 38120
Riverwood Elementary PK - 05 1,141 17.7 38016
Ross Elementary PK - 05 1,004 18.9 38141
Sea Isle Elementary PK - 05 515 14.3 38117
Shady Grove Elementary PK - 05 450 15.5 38120
Shelby Oaks Elementary PK - 05 912 16.9 38134
White Station Elementary PK - 05 657 15.1 38117
Willow Oaks Elementary PK - 05 693 16.1 38117

Middle Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
American Way Middle 06 - 09 705 20.1 38118
Colonial Middle School 06 - 08 1,092 17.4 38117
Cordova Middle School 06 - 08 780 20.5 38118
Grandview Heights Middle 06 - 08 703 32.7 38127
Havenview Middle School 06 - 08 719 21.1 38116
Hickory Ridge Middle School 06 - 08 902 19 38115
Highland Oaks Middle 06 - 08 786 20.1 38125
Kate Bond Middle 06 - 08 1,213 20.6 38133
Ridgeway Middle School 06 - 08 681 21.6 38119
Sherwood Middle School 06 - 08 682 17.5 38111
White Station Middle School 06 - 08 1,312 18.2 38120
Wooddale Middle 06 - 08 714 23.1 38118

High Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
Bolton High School 09 - 12 1,878 20.3 38002
Central High School 09 - 12 1,635 21.5 38104
Cordova High School 09 - 12 2,039 21 38016
Germantown High School 09 - 12 2,001 21.9 38138
Kingsbury High School 09 - 12 1,151 21.2 38122
Kirby High School 09 - 12 1,135 19.9 38115
Overton High School 09 - 12 1,277 18.1 38117
Ridgeway High School 09 - 12 1,207 22.1 38119
Southwind High School 09 - 12 1,641 22.9 38125
White Station High School 08 - 12 2,330 22.8 38117
Whitehaven High School 09 - 12 1,852 19.6 38116
Wooddale High School 09 - 12 1,189 17.8 38118

Ungraded Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
* East Career Technology Center 07 - 12 0 0 38111
* Kansas Career and Technical Center 09 - 12 0 38106
* Kingsbury Vocational School 10 - 12 0 0 38122
* Memphis Adult High School 09 - 12 362 36.2 38111
* Sheffield Career and Technical Center 10 - 12 0 0 38118
* Southwest Career and Technical School 10 - 12 0 0 38109
* Trezevant Career and Technical School 09 - 12 0 0 38127
Avon Lenox School KG - 12 137 10.5 38117
Freedom Preparatory Academy 06 - 10 472 18.1 38109
Martin Luther King Transition Center KG - 12 867 86.7 38126
Memphis Academy of Science Engineering Middle/High 06 - 12 389 21.6 38103
Memphis Rise Academy 06 - 12 95 19 38122
Memphis School of Excellence 06 - 12 452 19.1 38141
Memphis Virtual School 06 - 12 97 8.1 38108
New Consortium of Law and Business 06 - 12 219 14.4 38134
Shrine School PK - 12 133 9.5 38118
Snowden School PK - 10 1,529 17.8 38112
Soulsville Charter School 06 - 12 632 14.7 38106
Woodstock High School 06 - 10 339 20.1 38053

Demographics near Memphis, TN 38120

Metric Zip Code City
Neighborhood Type Suburban
Population 634,139 929,178
Population Density 1,998 1,217
Median Age 34.2 35.7
People per Household 2.5 2.6
Median Household Income 43,981 55,015
Average Income per Capita 28,258 33,287