2731 Range Line Rd, Memphis, TN, 38127

2731 Range Line Rd Memphis, TN 38127

2731 Range Line Rd, Memphis, TN, 38127
2731 Range Line Rd, Memphis, TN, 38127
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$165,000
Last Verified:
Aug 20, 2024

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Description

Introducing a prime investment opportunity in the Memphis area! This impressive 2,036 SF building, constructed in 1970, presents a compelling proposition for office building investors. Boasting a coveted CMU-1 zoning, this property offers flexibility for a variety of office uses. With its strategic location in Memphis, this building provides an ideal setting for businesses looking to establish or expand their presence in this dynamic city. Don't miss out on the chance to acquire this well-positioned property, and take advantage of its potential as a lucrative addition to your real estate portfolio.

Discover the vibrant opportunities surrounding the location in Memphis, TN. Positioned in the heart of this iconic city, the area offers a strategic advantage for office investors seeking to establish a presence in a dynamic business environment. Explore nearby attractions such as the historic Beale Street, Memphis Botanic Garden, and the renowned Sun Studio, known as the "Birthplace of Rock 'n' Roll". With a rich cultural heritage and a thriving business community, the area embodies the perfect fusion of commerce and culture, ideal for those seeking a prime location for their next office investment.


Year Built: 1970
Building Size: 2036sq ft
Building Class: C
Lot Size: 0.86 acres

Map of 2731 Range Line Rd, Memphis, TN, 38127

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.