3900 NEW COVINGTON PIKE

Memphis, TN
$ 1,200,000 Beds 0 Baths 18 Sq 25,000
Monthly Estimate* How much can I afford?

Fantastic investment opportunity to own a fully leased office building in Memphis next to Methodist Hospital.? Almost 25,000 sqft of rental space with a annual rental income of approximately $179,000.? Well maintained office building with 18 tenants all under lease.? Most offices are single story with outside entrances.? Some have second floor space.? Valuation Calculator

Commercial

  • Price
  • $ 1,200,000
  • Lot Size
  • Bedrooms
  • 0
  • Sqr Footage
  • 25,000
  • Full Bathrooms
  • 18
  • Year Built
  • 1985
  • Half Bathrooms
  • 0
  • City, Zip
  • Memphis
  • Taxes
  • $ 18904
  • County
  • SHELBY
  • Style
  • Office Condo
  • Area
  • Raleigh - Southeast
  • MLS#
  • 10113018
  • Zip
  • 38128
Listing Provided by: McWaters & Associates
Data Source: Memphis MLS (MAAR) - 87 - TN

Features

General

Area 733B
City Memphis
Class Commercial/Industrial
Legal Subdivision Name STONEHENGE OFFICE PARK
Listing Area Raleigh - Southeast
Miscellaneous Security System, Fixtures, Compressor(s)
Road Frontage City Street
Roof Composition Shingles
Service Type Full Service Listing
Status Active
Status Active
Stories 1.2
Type Office
Year Built 1985
Zoning Comm

Interior Features

Cooling System Central Cooling, Individual Cooling
Floors Partial Carpet
Heating Central, Individual Systems
Hot Water Public Sewer, Public Water
Offices 18
Restrooms 18

Exterior Features

Sale Includes Building and Land
Foundation Slab
Lot Size 1.752 AC 179.8 X 285.0 IRR
Number of Buildings 1
Parking Facility 31-75 Spaces, Asphalt/Blacktop

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Bartlett, TN office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/19/2021 Listed $1,200,000

Property vs Zip Code Average in 38128

Price
AVG $820K
$1.2M
Taxes
AVG $12,042
$18,904
Visits
AVG 21
2
Year Built
AVG 1977
1985
Walkscore
AVG 44
42
Data Provided by Walkscore ® not using MLS data

Map

3900 NEW COVINGTON PIKE Memphis, TN is a Single Family Home for sale at $1200000 with 25000 sqft and a lot size of Acre(s). 3900 NEW COVINGTON PIKE Memphis has 0 bedrooms, 18 baths and was built in 1985. The property's zip code is 38128 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.