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    706 Royal Ave Memphis, TN 38107

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    For Lease
    Contact for pricing

    1.9 Million SF industrial complex suitable for distribution, manufacturing.

    Property size:
    24,279 SF
    Lot size:
    5.19 Acres

    Property Features for 706 Royal Ave

    General Information

    Size
    24,279 SF
    Lot size
    5.19 Acres

    Source: Belz Enterprises Agent Morris Thomas

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

    Overview

    Memphis Industrial Complex Available

    This 24,279 square foot industrial complex offers 1.9 million square feet of space suitable for distribution, manufacturing, or processing plants. The property benefits from its location with close proximity to the I-55 and I-240 interchange, providing convenient access to major trucking lines.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0341392
    Latitude
    35.1823861

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    FAQs

    What type of property is this?
    Manufacturing property - 1.9 Million SF industrial complex suitable for distribution, manufacturing.
    Where is this manufacturing property located?
    The property is located at 706 Royal Ave Memphis, TN.
    What are key features of this property?
    This property features: - 1.9 Million SF Industrial Complex; - Great location for distribution, manufacturing/processing plant; - Close proximity to I-55 and I-240 interchange
    (901) 260-7348
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    706 Royal Ave Memphis, TN 38107
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    Memphis, TN 38107
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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
    706 Royal Ave Memphis, TN 38107
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