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Memphis Warehouse Investment Opportunity
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1248 Warford Street, Memphis, TN 38108

173,000 SF warehouse with office space for sale.

Property Size173,000 SF
Days on Market152

Property Features for 1248 Warford Street

General Information

Standard status Active
Size 173,000 SF
Property subtype Industrial
Listing Agency: CBRE - Memphis
Listed By: Patrick Burke · License #265618
Source: Cbre
Added: Mar 25 Changed: Aug 21 Last Checked: Aug 23 at 11:03AM

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 CBRE - Memphis

Investment Insights

Based on property information with market context.

This is a rare user investment opportunity featuring a single-tenant warehouse facility in Memphis, Tennessee. Constructed in 1947, the 173,000 square foot industrial building is of masonry construction. The property includes 160,000 square feet of warehouse space and approximately 13,000 square feet of office space. It features a 15’ clear height, twenty dock doors, and two drive-in doors. The property is well positioned with convenient access to major transit corridors including Highway 14 and Interstate 40. Its location is a preferred one for industrial users due to its proximity to major transit corridors and logistics networks including CSX, Memphis International Airport, as well as FedEx and UPS Hubs.

Key Highlights

  • Rare single‑tenant warehouse investment opportunity.
  • Strategic location with convenient access to Highway 14 and Interstate 40.
  • Proximity to major logistics networks including CSX, Memphis International Airport, FedEx and UPS Hubs.

Property Analytics

Current Use

Vickers Distribution & Transfer Trucking Company PMC Biogenix Warehouse & Storage

Suggested Use

Top Pick Spa & Massage Center Big Box & Wholesale Store Hair Salon Building Supply Restaurant HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

250
Businesses Nearby
Balanced
Demand for This Use

Demographics for 38108, TN

17,051
Population
7,881
Households
2.2
Avg Household Size
34
Median Age
11%
College-Educated
73%
High-School Grad
7.6 sq mi
ZIP Area
2,244
Density / Sq Mi
$35,435
Median Household Income
$32,126
Median Earnings
$921
Median Rent
$62,600
Median Home Value

Market

Vacancy Rate% for Office in Memphis, TN

14.6% 2019
15% 2020
16.8% 2021
16.2% 2022
17.3% 2023
16.7% 2024
17.6% 2025
Rey
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Similar Off Market Nearby

  • Adm Southern Cotton 2800 Chelsea Ave, Memphis, TN 38108
  • Total Concept, LLC 1324 Farmville Rd, Memphis, TN 38122

Frequently Asked Questions

What type of property is this?
Warehouse - 173,000 SF warehouse with office space for sale.
Where is this warehouse located?
The property is located at 1248 Warford Street Memphis, TN.
What are key features of this property?
This property features: Rare single‑tenant warehouse investment opportunity.; Strategic location with convenient access to Highway 14 and Interstate 40.; Proximity to major logistics networks including CSX, Memphis International Airport, FedEx and UPS Hubs.
More about this property
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