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Industrial Warehouse with Fenced Lot
For Lease
Contact for pricing

2957-2966 S 3rd St, Memphis, TN 38109

15,000 SF warehouse on 5.44 acres near I-55.

Space Size15,000 SF
Days on Market568

Property Features for 2957-2966 S 3rd St

General Information

Standard status Active
Size 15,000 SF
Property subtype INDUSTRIAL

Spaces For Lease

at 2957-2966 S 3rd St
2957 - 2964 S 3rd St AVAILABLE, Now
Floor Bldg
Size 15,000 SF
Type INDUSTRIAL
Rate Contact for pricing
Sublease No
± 5.44 acre site Fully fenced and lit Three (3) 14'x14' drive-in doors LED warehouse lighting 21' clear height 3-Phase Power Warehouse heaters installed in 2023 1/2 mile from I-55 interchange Access from S 3rd St and Gill Rd
Contact us
Listing Agency: NAI Saig Company - Memphis
Listed By: Henry Webb · License ##S-54293
Source: Moodyscre
Added: Mar 17, 2025 Changed: Oct 5 Last Checked: Oct 4 at 7:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Saig Company - Memphis

Investment Insights

Based on property information with market context.

This property features a 15,000 square foot warehouse situated on a 5.44 acre site. The site is fully fenced and lit. The warehouse includes three 14'x14' drive-in doors and LED lighting. The warehouse has a 21' clear height and 3-Phase Power. Warehouse heaters were installed in 2023. The property is located approximately 1/2 mile from the I-55 interchange and has access from S 3rd St and Gill Rd. The property is suitable for warehouse and industrial use.

Key Highlights

  • ± 5.44 acre site
  • Conveniently located 1/2 mile from I‑55 interchange
  • Fully fenced and lit

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Parking Lot & Garage Storage Facility Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

191
Businesses Nearby
Balanced
Demand for This Use

Demographics for 38109, TN

42,437
Population
18,881
Households
2.2
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
59.7 sq mi
ZIP Area
711
Density / Sq Mi
$36,934
Median Household Income
$30,780
Median Earnings
$1,000
Median Rent
$76,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Memphis, TN

$11.92 /SF/Yr
Avg Asking Price
$7.5–$21 /SF/Yr
Price Range
71,962 SF
Avg Space Size

Vacancy Rate% for Industrial in Memphis, TN

5.5% 2019
6.3% 2020
4.8% 2021
4.5% 2022
7.4% 2023
8.8% 2024
8.5% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - 15,000 SF warehouse on 5.44 acres near I-55.
Where is this warehouse located?
The property is located at 2957-2966 S 3rd St Memphis, TN.
What is the lease rate?
The lease rate is $1,400,000.
What are key features of this property?
This property features: ± 5.44 acre site; Conveniently located 1/2 mile from I‑55 interchange; Fully fenced and lit
(662) 801-1610 Call to check price and availability
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