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  • 1.75 ACRES
  • - Commercial For Sale

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Description for 3900 New Covington Pike MLS# 10016829

Fantastic opportunity to own 25,000 sq. ft. office building. Next to Methodist North Hospital. Property is approx. 75% leased. Owner making improvements to property. Fantastic space for doctor or investor!

General Features

  • Property For
    Sale
  • Listing Type
    Commercial
  • Style
    Commercial
  • Number of Stories
    2
  • Year Built
    1985
  • County
    Shelby
  • Subdivision
    Stonehenge Office Park
  • Approx. Lot Size
    1.752 AC 179.8 X 285.0 IRR
  • Approx. Acreage*
    1.75
  • Price
    $2,500,000
  • MLS #
    10016829

Additional Details

Construction
Good Condition
Foundation
Slab
Location
City
Num Of Buildings
1
Parking Facility
Asphalt/Blacktop
Truck Loading Door Height
No Truck Door
Type Usage
Office,Medical
Annual City Tax
12123
Annual County Tax
15582
Tenant Pays
Other (See REMARKS)
Average Ceiling Height
8-10.9 Feet
Floors
Parquet Floor,Tile,Partial Carpet
Roof
Composition Shingles

Lot

Lot Num
1-ATHURC
Road Frontage
City Street
Zoning
Ru-3
Cooling System
Central Cooling
Heating System
Central
Hot Water
Public Water,Public Sewer

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Market Research


 

Memphis Commercial Values

Average List Price:
$477,312
Average Price per SQFT:
(N/A)
Average Days on Market:
323
Number of Properties for Sale:
2,367
Vs.

This Property

List Price:
$2,500,000
Approx. Price per SQFT:
N/A
Days on Website:
200(Dec 07, 2017)

Pricing Considerations

List Price:
$2,500,000
Annual City Tax:
12123
Annual County Tax:
15582
Tenant Pays:
Other(SeeREMARKS)

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Copyright © 2018 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but not guaranteed. Some or all of the listings displayed may not belong to the firm whose web site is being visited.