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6616 Kirby Center Cv 3,152 SF Office Building Memphis, TN 38115 $611,154 CAD ($193.89 CAD/SF)
Investment Highlights
- Brick Building
- 1st Horizon Bank on the corner
- In a cove with other similar buildings
Executive Summary
This well-positioned brick office/medical building offers an excellent opportunity for both growing practices and savvy investors. Located in a quiet cove surrounded by similar properties and just steps from a corner bank, it combines convenience with a professional setting. With 3,152 square feet of flexible space, ample parking, and an attractive price of $450K, this property is a smart investment for professionals looking to expand or capitalize on future growth.
Financial Summary (Actual - 2022) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$65,190
|
$20.68
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$65,190
|
$20.68
|
| Taxes |
$7,839
|
$2.49
|
| Operating Expenses |
$7,198
|
$2.28
|
| Total Expenses |
$15,037
|
$4.77
|
| Net Operating Income |
$50,153
|
$15.91
|
Financial Summary (Actual - 2022)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $65,190 |
| Annual Per SF | $20.68 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $65,190 |
| Annual Per SF | $20.68 |
| Taxes (CAD) | |
|---|---|
| Annual | $7,839 |
| Annual Per SF | $2.49 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $7,198 |
| Annual Per SF | $2.28 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $15,037 |
| Annual Per SF | $4.77 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $50,153 |
| Annual Per SF | $15.91 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,152 SF
Building Class
C
Year Built
1993
Price
$611,154 CAD
Price Per SF
$193.89 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,152 SF
Building FAR
0.14
Lot Size
0.50 AC
Zoning
OG - Office
Parking
30 Spaces (7.33 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Property Taxes
| Parcel Number | 09-3500-0-0420 | Total Assessment | $137,768 CAD (2025) |
| Land Assessment | $66,874 CAD (2025) | Annual Taxes | $7,839 CAD ($2.49 CAD/SF) |
| Improvements Assessment | $70,894 CAD (2025) | Tax Year | 2022 |
Property Taxes
Parcel Number
09-3500-0-0420
Land Assessment
$66,874 CAD (2025)
Improvements Assessment
$70,894 CAD (2025)
Total Assessment
$137,768 CAD (2025)
Annual Taxes
$7,839 CAD ($2.49 CAD/SF)
Tax Year
2022
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6616 Kirby Center Cv
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