1684 Florida St Memphis, TN
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6,400 SF industrial property with value-add potential on 22 acres.
Type:INDUSTRIAL
Property size:
6,400 SFLot size:
12.87 AcresPrice / SF:
$578/SF- Added:
- Apr 8, 2025
- Days on Market:
- 388
- Last Refresh:
- Apr 5 at 11:03 pm
Property Features for 1684 Florida St
General Information
- Standard status
- Active
- Size
- 6,400 SF
- Lot size
- 12.87 Acres
- Property subtype
- INDUSTRIAL
Listing agent Stratton Greig
Listing office Sands Investment Group (SIG) | Austin (844) 474-4666
Listing date Apr 8, 2025
Source Moodyscre
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 Sands Investment Group (SIG) | Austin
Overview
Memphis Industrial Outdoor Storage Opportunity
This 6,400 square foot industrial property is located at 1684 Florida Street in Memphis, TN. The property features an absolute NNN lease with zero landlord responsibilities and attractive rent increases. The current tenant occupies 9 acres, leaving 13 acres available for additional industrial outdoor storage (IOS), which is a sought-after asset class. The tenant, USA Storage Yards, has signed a 10-year lease with multiple 5-year renewal options, indicating a long-term commitment to the location. The property is located in the Memphis MSA with access to major highways 55, 61, and 69. The surrounding area has a population of 473,712 residents within a 10-mile radius, with an average household income of $64,735. This property presents a value-add opportunity due to the excess yard space.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Warehouses
Similar Places Nearby
- Public Storage — 390 S Front St, Memphis, TN 38103
- Front Street Vintage Auto Storage — e butler ave, memphis, tn 38103
- Self-Storage at U-Haul — 137 W Illinois Ave, Memphis, TN 38106
- Lucky Self Storage — 325 GE Patterson Ave, Memphis, TN 38126
- Refurban — 1029 Florida St, Memphis, TN 38106
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.0623
- Latitude
- 35.1015
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - 6,400 SF industrial property with value-add potential on 22 acres.
Where is this warehouse located?
The property is located at 1684 Florida St Memphis, TN.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Value‑Add Opportunity: 13 acres of excess IOS space available for development, significantly increasing potential revenue.; Desirable IOS Asset Class: Property offers significant Industrial Outdoor Storage (IOS), a highly sought‑after asset class.; Absolute NNN Lease: Zero landlord responsibilities, providing a secured and passive investment.
