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Property summary
This exceptional industrial property, located at 351 Wisconsin Ave, Memphis, TN 38106, presents a compelling investment opportunity. The property encompasses a substantial 6.6 acres of land, featuring a single-story brick building totaling 7,458 square feet. Constructed in 1956, this warehouse is classified as a distribution and warehouse facility, ideal for various industrial uses. The building's size and the expansive lot provide ample space for operations, storage, and potential expansion. The property's location in Shelby County offers convenient access to major transportation routes, enhancing its logistical advantages. The asking price for this significant industrial asset is $995,000. This represents a rare chance to acquire a well-situated, established industrial property with considerable potential for growth and return on investment in the thriving Memphis market. The property's substantial lot size offers significant flexibility for future development or expansion. Serious inquiries are encouraged to explore this promising investment opportunity further.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
1. In the CA, CMU, EMP, WD, IH districts, outdoor runs are permitted. 2. In all other districts, outdoor runs are not permitted. All overnight care of animals must occur indoors. All pens, kennels and runs must be locate…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Memphis market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
EMP · Memphis, TN1. In the CA, CMU, EMP, WD, IH districts, outdoor runs are permitted. 2. In all other districts, outdoor runs are not permitted. All overnight care of animals must occur indoors. All pens, kennels and runs must be locate…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
1. In the CA, CMU, EMP, WD, IH districts, outdoor runs are permitted. 2. In all other districts, outdoor runs are not permitted. All overnight care of animals must occur indoors. All pens, kennels and runs must be locate…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for EMP in Memphis, TN.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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