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Fenced Flex Property with Warehouse
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581 Vandalia St, Memphis, TN 38112

Fenced commercial property combining office areas, reception space, and warehouse functionality.

Property Size10,000 SF
Price / SF$59.50
Days on Market133

Property Features for 581 Vandalia St

General Information

Standard status Active
Size 10,000 SF
Property subtype Industrial
Zoning CMU3

Site & Location

Road Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Height 17 ft
Drive-In Doors 1

Building Details

Year Built 1959
Stories 1
Building Size 10,000 SF
Listing Agency: Crye-Leike Commercial Memphis
Listed By: Cathy Anderson · License #TN TN
Source: Crexi
Added: Apr 21 Changed: Aug 30 Last Checked: Aug 30 at 5:41AM

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 Crye-Leike Commercial Memphis

Investment Insights

Based on property information with market context.

This 10,000-square-foot flex property, built in 1959, combines office and industrial components within a secured site. The interior includes a reception area, at least 6 offices, a break room with appliances, an open area configured for cubicles, and warehouse space with mezzanine storage. The warehouse offers 17-foot clearance and one grade-level door connecting to the fenced yard.

Positioned on Vandalia Street between Summer and Broad in Memphis, the property includes off-street parking at the front and a fenced yard suitable for vehicle and other storage. CMU3 zoning is identified for the site.

Key Highlights

  • 10,000 square feet of flex and industrial space
  • At least 6 offices, reception area, break room with appliances, and cubicle area
  • Warehouse includes mezzanine space and 17' height

Property Analytics

Current Use

A to Z Construction Services ... Construction Company A to Z Construction Services Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office

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

Lease Details

17 ft
Clear height
1
Drive-in doors
Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

584
Businesses Nearby
Balanced
Demand for This Use

Demographics for 38112, TN

16,970
Population
7,425
Households
2.3
Avg Household Size
32
Median Age
38%
College-Educated
85%
High-School Grad
4.8 sq mi
ZIP Area
3,535
Density / Sq Mi
$52,639
Median Household Income
$29,576
Median Earnings
$969
Median Rent
$206,900
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

  • Mississippi Queen Catering 280 Tillman St, Memphis, TN 38112
  • Drunken Daisies 3079 Crystal Ave, Memphis, TN 38112
  • Fascinating Catering 3519 Summer Ave, Memphis, TN 38122

Frequently Asked Questions

What type of property is this?
Flex space - Fenced commercial property combining office areas, reception space, and warehouse functionality.
Where is this flex space located?
The property is located at 581 Vandalia St Memphis, TN.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 10,000 square feet of flex and industrial space; At least 6 offices, reception area, break room with appliances, and cubicle area; Warehouse includes mezzanine space and 17' height
More about this property
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