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    203 Trigg Ave Memphis, TN 38106

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    For Lease
    Contact for pricing

    8.94-acre lot, 30,658 SF warehouse

    Lot size:
    30,658 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Memphis industrial property, located at 203 E Trigg Ave, offers a substantial 30,658-square-foot warehouse on a generous 8.94-acre lot. Built in 1947, the Class C building boasts a 40-foot ceiling height, ideal for various industrial uses. The property features three dock-high doors and one drive-in door, ensuring efficient loading and unloading. Heavy power is available, catering to demanding manufacturing or warehousing operations. Currently, approximately 30,500 square feet is vacant, presenting a significant opportunity for a single tenant. The property's EMP zoning allows for a wide range of uses, including office space, light manufacturing, research and development, warehousing, wholesale, and processing. Its strategic location in Shelby County, Tennessee, provides easy access to major highways, I-55 and I-69, and downtown Memphis. The seller is open to exploring owner financing options, making this an attractive investment prospect. The property's size, features, and zoning flexibility make it suitable for a variety of businesses seeking a well-located and functional industrial space in the Memphis market. This is a rare opportunity to acquire a substantial industrial property with significant potential. The zip code is 38106.

    Property Features for 203 Trigg Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,658 SF
    Class
    C

    Building Details

    Year Built
    1947

    Unit(s) available at that property

    Space
    Available Space
    Size
    30,500 SF

    HighLights

    • ±30,658 SF warehouse building on an 8.94‑acre lot.
    • 40‑foot ceiling height.
    • Three dock‑high doors and one drive‑in door.
    • Heavy power available.
    • EMP zoning allowing for various industrial uses.
    • Convenient access to I‑55 and I‑69, near downtown Memphis.
    Property Profile Location Intelligence

    Current Use by Public Records

    Metal Supply Co Metal Supplier

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0563023
    Latitude
    35.1103094

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    FAQs

    What type of property is this?
    Distribution property - 8.94-acre lot, 30,658 SF warehouse
    Where is this distribution property located?
    The property is located at 203 Trigg Ave Memphis, TN.
    What are key features of this property?
    This property features: ±30,658 SF warehouse building on an 8.94-acre lot.; 40-foot ceiling height.; Three dock-high doors and one drive-in door.
    Request Owner's contact information
    203 Trigg Ave Memphis, TN 38106
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    203 Trigg Ave Memphis, TN 38106
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