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    5851 Advantage Cv Memphis, TN 38141

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    For Lease
    $7 SF/Yr ($4,685 /Mo)

    7,500 SF industrial space in Southeast Memphis.

    Property size:
    7,497 SF
    Lot size:
    7,497 SF

    Property Features for 5851 Advantage Cv

    General Information

    Size
    7,497 SF

    Building Details

    Year built
    1993

    Source: Brian Califf, CCIM Agent Brian Califf, CCIM

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

    Overview

    Freestanding Industrial Space For Lease

    This 7,497 square foot freestanding industrial space is available for lease in Southeast Memphis. The layout includes 5,900 square feet of warehouse space and 1,600 square feet of office space. The warehouse is 100% HVAC. The property has 1.17 acres. It features a 16' clear height, one dock door, and one grade-level door. The space is expandable to 12,500 square feet. The lease rate is $7.50 per square foot on a modified gross basis, with the tenant responsible for self-performing CAM on top of the rent.
    Insight Report Location Intelligence

    Current Use by Public Records

    Tesla Car Repair And Maintenance

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Auto Repair Shop Wholesale Shop Hair Salon Clothing Store Nail Salon Auto Parts Store

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

    Similar Places Nearby

    Devon Self Storage, CubeSmart Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8681139
    Latitude
    35.0160081

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    FAQs

    What type of property is this?
    Warehouse - 7,500 SF industrial space in Southeast Memphis.
    Where is this warehouse located?
    The property is located at 5851 Advantage Cv Memphis, TN.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: - 7,497 SF Freestanding Industrial Space with 5,900 SF Warehouse and 1,600 SF Office; - Expandable to 12,500 SF, offering future growth potential; - Warehouse is 100% HVAC, providing climate control
    (901) 830-0421
    Request Owner's contact information
    5851 Advantage Cv Memphis, TN 38141
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    Memphis, TN 38141
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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
    5851 Advantage Cv Memphis, TN 38141
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