1517 Two Place, Memphis, TN 38116

Listing Agency: Newmark - Memphis

Listed By: Jim Rainer · License TN #321546 Show Phone

Source: Crexi

Added: Oct 22 Changed: Nov 8 Last Checked: Nov 12 at 7:41AM

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Investment Insights

Based on property information with market context.

This warehouse property is located at 1517 Two Place in Memphis, Tennessee. The offering is structured on an as-is basis.

Key Highlights

• Offered for sale in its current condition

Property Analytics

Current Use

Tire Factory Corporate Office

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Gym & Fitness Center Spa & Massage Center

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

532

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 38116, TN

39,107

Population

18,526

Households

2.1

Avg Household Size

35

Median Age

21%

College-Educated

88%

High-School Grad

19.6 sq mi

ZIP Area

1,995

Density / Sq Mi

$44,663

Median Household Income

$31,593

Median Earnings

$1,035

Median Rent

$125,800

Median Home Value

Market

Properties on Market for Warehouses in Memphis

Jul

Aug

Sep

Oct

Vacancy Rate% for Industrial in Memphis, TN

5.5% 2019

6.3% 2020

4.8% 2021

4.5% 2022

7.4% 2023

8.8% 2024

8.5% 2025

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Similar Off Market Nearby

• U-Stor Self Storage — 1355 Winchester Rd, Memphis, TN 38116
• Citizen Storage — 3417 Fontaine Rd, Memphis, TN 38116
• Extra Space Storage — 1235 Gateway Dr, Memphis, TN 38116
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Frequently Asked Questions

What type of property is this?

Warehouse - The warehouse is being offered for sale in its current condition.

Where is this warehouse located?

The property is located at 1517 Two Place Memphis, TN.

What is the asking price?

The asking price for this property is $4,200,000.

What are key features of this property?

This property features: Offered for sale in its current condition