Balmoral Commercial Real Estate

Balmoral

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
420

Compared to the rest of the Memphis market, the Balmoral submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Balmoral Listing Supply

In the last 90 days, 23 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 420 sqft. Most buildings in this region are approximately 1 floors. Most buildings in this market were built in 1980 and are Class B.

Balmoral Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Balmoral occupants. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Balmoral.
Research