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    1562-1600 Two Pl Memphis, TN 38116

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    For Lease
    $5 SF/Yr

    Two industrial spaces for lease, convenient location, close to airport.

    Property size:
    68,040 SF
    Lot size:
    68,040 SF

    Property Features for 1562-1600 Two Pl

    General Information

    Size
    68,040 SF

    Building Details

    Year built
    1977

    Source: Brian Califf, CCIM Agent Brian Califf, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Memphis Industrial Spaces For Lease

    Two industrial spaces are available for lease in Memphis, Tennessee, situated in the Southwest Industrial Submarket. The property is conveniently located with close proximity to Hwy 51, I-55, I-240, and I-40, and is within two miles of the Memphis International Airport. The asking rate is $5.80 per foot NNN, with operating expenses of $2.77.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Citizen Storage, Bounce Luggage Storage - 24/7 Memphis Airport, UNITS Moving & Portable Storage of Memphis, U-Stor Self Storage, Extra Space Storage

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0118928
    Latitude
    35.0590816

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    FAQs

    What type of property is this?
    Warehouse - Two industrial spaces for lease, convenient location, close to airport.
    Where is this warehouse located?
    The property is located at 1562-1600 Two Pl Memphis, TN.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - Convenient location in the Southwest Industrial Submarket; - Close proximity to Hwy 51, I-55, I-240, & I-40; - Within two miles of the Memphis International Airport
    (901) 830-0421
    Request Owner's contact information
    1562-1600 Two Pl Memphis, TN 38116
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    Memphis, TN 38116
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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
    1562-1600 Two Pl Memphis, TN 38116
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