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    1635-1673 Panama St Memphis, TN 38108

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    For Lease
    $2 SF/Yr

    Warehouses

    Property size:
    95,296 SF
    Lot size:
    3.03 Acres

    Property Features for 1635-1673 Panama St

    General Information

    Size
    95,296 SF
    Lot size
    3.03 Acres

    Source: NAI Saig Company - Memphis Agent Hamel (Hank) Martin

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

    Overview

    - Lease rate $2.50 NNN plus $1.00 in opex
    - New Office Space Buildout
    - Sale Price: Undisclosed
    - 20' Ceiling Height
    - 50'x50' Column Spacing
    - 5 Dock Doors
    - Office Area
    - Close Proximity to I-40
    - Current Renovations Include: Facade Improvements,
    - New Roof, New Truck Court, LED Lighting, and New
    - Dock Equipment
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Hotel & Motel

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

    Similar Places Nearby

    Bee Mini Storage, Total Concept, LLC

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9468745
    Latitude
    35.1766855

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    FAQs

    Where is this warehouse located?
    The property is located at 1635-1673 Panama St Memphis, TN.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - New office space buildout provides a modern workspace.; - 5 dock doors for efficient loading and unloading.; - Close proximity to I-40 offers convenient transportation access.
    (901) 526-3100
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    1635-1673 Panama St Memphis, TN 38108
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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
    1635-1673 Panama St Memphis, TN 38108
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