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    5164 Us 51 Memphis, TN 38127

    For Sale
    $225,000

    Heavy Industrial/Manufact - Memphis, TN

    Days on Market:
    319
    Last Refresh:
    Dec 13 at 5:06 am

    Property Features for 5164 Us 51

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    IH

    Building Details

    Year built
    1988
    Architectural style
    Other

    Real Estate Mart of TN Inc. (901) 872-8888 [email protected]

    Listing agent Charles Hurt (901) 872-8888

    Listing date Jan 29, 2025

    MLS# 10188803 Listing URL

    Copyright © 2025 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Memphis Industrial Property with Office

    This property in Memphis, TN, is suitable for manufacturing or industrial use, and also offers flex and office space. The property includes a 1200 square foot garage or shop equipped with a lift, compressor, and a 16x16 garage door. It features a relatively new HVAC unit, approximately 1.5 years old, along with a new electrical box, new LED lighting, and a new roof. Covered parking is available with a new awning. The property contains one full bath and one-half bath. Additionally, there is 680 square feet of office space that includes a full kitchen. The zoning is IH (Heavy Industrial).
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.996481
    Latitude
    35.2568469

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    FAQs

    What type of property is this?
    Manufacturing property - Industrial property featuring garage/shop, office space, and recent upgrades.
    Where is this manufacturing property located?
    The property is located at 5164 Us 51 Memphis, TN.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - 1200 Sq Ft Garage/Shop with Lift and Compressor; - 680 Sq Ft of Office Space with Full Kitchen; - New Roof
    (901) 872-8888
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5164 Us 51 Memphis, TN 38127
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