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    5164 Us 51 Hwy Memphis, TN 38127

    Sponsored
    For Sale
    $225,000

    Prime Location, Updated Amenities, Ready to Lease

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional Memphis industrial property, located at 5164 US 51 Hwy, offers a unique blend of workspace and storage solutions. The main structure boasts a spacious 1200 square foot garage/shop, perfectly suited for a variety of industrial uses. Key features include a convenient lift, air compressor, and a large 16x16 garage door for easy access and equipment movement. Recent upgrades significantly enhance the property's functionality and appeal. These include a brand-new roof, a newly installed HVAC unit (less than two years old), a modern electrical box, and energy-efficient LED lighting throughout. Outside, covered parking is provided, further protected by a recently added awning. The property also includes a well-appointed 680 square foot office space, complete with a full kitchen, offering a comfortable and productive work environment. Internal amenities include one full bathroom and a half-bath for added convenience. This property presents a rare opportunity to acquire a fully updated and functional industrial space in a desirable Memphis location. The combination of shop space, office space, and modern amenities makes this an ideal choice for a variety of businesses seeking a turnkey solution. The property is priced at $225,000. The lot size is 0 acres.

    Property Features for 5164 Us 51 Hwy

    General Information

    Property type
    Industrial properties

    Building Details

    Year Built
    1988
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.98686
    Latitude
    35.26682

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    FAQs

    What type of property is this?
    Industrial property - Prime Location, Updated Amenities, Ready to Lease
    Where is this industrial property located?
    The property is located at 5164 Us 51 Hwy Memphis, TN.
    What is the asking price?
    The asking price for this property is $225,000.
    (901) 872-8888
    Request Owner's contact information
    5164 Us 51 Hwy Memphis, TN 38127
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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 Hwy Memphis, TN 38127
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