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    3926-3930 E Raines Rd Memphis, TN 38118

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    For Lease
    $5 SF/Yr ($17,663 /Mo)

    Industrial property for lease with approved IOS plan and heavy industrial zoning.

    Property size:
    35,624 SF
    Lot size:
    2.75 Acres

    Property Features for 3926-3930 E Raines Rd

    General Information

    Size
    35,624 SF
    Lot size
    2.75 Acres

    Source: Colliers | Memphis Agent Brad Murchison

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

    Overview

    Memphis Industrial Property For Lease

    This industrial property offers a versatile space suitable for warehouse and other industrial uses. The property features an approved ±1-acre IOS plan from the City of Memphis and is zoned I-H (Heavy Industrial). A new 60-mil white TPO roof with a 20-year NDL warranty has been installed. The property includes new security fencing, and the parking lot has been resealed and striped. The location presents a retail use opportunity with over 15,000 vehicles per day on E Raines Rd. The property size is 35,624 square feet.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Gym & Fitness Pharmacy Auto Repair Shop

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

    Similar Places Nearby

    Ace Movers & Storage

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9324933
    Latitude
    35.0373733

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    FAQs

    What type of property is this?
    Warehouse - Industrial property for lease with approved IOS plan and heavy industrial zoning.
    Where is this warehouse located?
    The property is located at 3926-3930 E Raines Rd Memphis, TN.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - ±1-acre IOS plan approved by the City of Memphis; - Zoned I-H (Heavy Industrial); - Retail use opportunity with **15,000+ VPD on E Raines Rd**
    (901) 412-6646
    Request Owner's contact information
    3926-3930 E Raines Rd Memphis, TN 38118
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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
    3926-3930 E Raines Rd Memphis, TN 38118
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