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Vacant OwnerUser Opportunity - Memphis, TN 5968 Knight Arnold Road Ext 8,084 SF Office Building Memphis, TN 38115 $1,654,277 CAD ($204.64 CAD/SF)
Investment Highlights
- A unique opportunity to acquire a flexible owner-user space in a high-demand area of Memphis, Tennessee, with the option to repurpose.
- Located less than 8 miles from Memphis International Airport, offering easy and convenient access to regional and national travel.
- As a former childcare site situated in a high-demand area, consumers within a 5-mile radius spent over $128 million on education & daycare last year.
- The property is supported by attractive demographics, with 206,055 residents and an average household income of $100,883 within a 5-mile radius.
- This property presents a prime owner-user opportunity, ideally suited for an established operator or growing business seeking to secure real estate.
- Fully equipped former childcare center facility for interested early education operators, with all furniture, fixtures, and equipment included.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 8,084 SF Vacant Owner-User Opportunity located at 5968 Knight Arnold Road Extension in Memphis, TN. This property presents a unique opportunity to acquire a flexible owner-user space in a high-demand area of Memphis, with the ability to repurpose the building for a variety of business uses. Ideally suited for an established operator or growing business seeking to secure real estate in a strong commercial corridor, this asset provides an excellent opportunity for long-term operational and investment value.
In Cooperation With Sands Investment Group Tennessee, LLC - Lic. #263973 BoR: Tom Gorman - Lic. TN #370394
In Cooperation With Sands Investment Group Tennessee, LLC - Lic. #263973 BoR: Tom Gorman - Lic. TN #370394
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
8,084 SF
Building Class
B
Year Built/Renovated
1985/1992
Price
$1,654,277 CAD
Price Per SF
$204.64 CAD
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,084 SF
Building FAR
0.32
Lot Size
0.59 AC
Zoning
CL
Parking
53 Spaces (6.56 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Convenience Store
- Restaurant
- Signage
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 09-3100-0-0108 | Improvements Assessment | $56,752 CAD |
| Land Assessment | $55,279 CAD | Total Assessment | $112,031 CAD |
Property Taxes
Parcel Number
09-3100-0-0108
Land Assessment
$55,279 CAD
Improvements Assessment
$56,752 CAD
Total Assessment
$112,031 CAD
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Vacant OwnerUser Opportunity - Memphis, TN | 5968 Knight Arnold Road Ext
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