Listing Agency: Jones Aur Commercial Real Estate

Listed By: Wriley Gillen · License #TN 368080 Show Phone

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 11:12PM

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Investment Insights

Based on property information with market context.

This flex space property combines a paved lot with warehouse and flexible industrial improvements. The site encompasses 7 acres, providing a substantial outdoor component alongside the enclosed commercial space.

Located at 507 Winchester Rd in Memphis, Tennessee, the property sits within the Southwest Memphis industrial area. Its combination of paved land and warehouse/flex functionality creates a straightforward option for industrial users seeking both building and site area.

Key Highlights

• 7‑acre paved lot
• Warehouse and flex space improvements
• Located in the Southwest Memphis industrial area

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Building Supply Restaurant Dental Office Gym & Fitness Center Garden 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

165

Businesses Nearby

Under-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

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

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Paved acreage supports warehouse and flexible industrial use in Southwest Memphis.

Where is this flex space located?

The property is located at 507 Winchester Rd Memphis, TN.

What are key features of this property?

This property features: 7‑acre paved lot; Warehouse and flex space improvements; Located in the Southwest Memphis industrial area