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    3456 Meyers Rd Memphis, TN 38108

    Sponsored
    For Lease
    Contact for pricing

    Multi-use industrial space, Memphis, TN.

    Lot size:
    453,447 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This expansive Memphis industrial property, located at 3456 Meyers Rd, offers 453,447 square feet of versatile space ideal for a variety of uses. The property encompasses executive office space, manufacturing areas, warehouse facilities, and distribution capabilities, making it suitable for a diverse range of businesses. Multiple tenancy options are available, with spaces ranging from a minimum of 20,871 square feet to a maximum contiguous space of 311,534 square feet. Currently, 571,257 square feet is available for lease. Built in 1982 and renovated in 2020, the two-story building features impressive ceiling heights ranging from 23'6" to 31'1", 218 dock-high doors, and ample parking with 246 passenger spaces and 186 trailer spaces. The property boasts heavy power capabilities and elevators for efficient operations. The 47.11-acre lot is zoned IH (Heavy Industrial) and EMP (Employment), providing flexibility for various industrial applications. The property's address is 3456 Meyers Rd, Memphis, TN 38108, and its Assessor's Parcel Numbers (APNs) are 043047-00011

    Property Features for 3456 Meyers Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    453,447 SF

    Building Details

    Year Built/Renovated
    1982/2020
    Stories
    2

    Unit(s) available at that property

    Space
    2. First floor Available warehouse
    Size
    86,665 SF
    Space
    3. First Floor Office Space
    Size
    33,245 SF
    Space
    Suite 3 Available Warehouse
    Size
    101,162 SF
    Space
    1. First Floor Warehouse
    Size
    20,871 SF
    Space
    1. Second Floor Warehouse Available
    Size
    311,534 SF
    Space
    2. Second Floor Available office
    Size
    21,840 SF

    HighLights

    • 453,447 SF Memphis industrial property at 3456 Meyers Rd, offering flexible space for various uses, including office, manufacturing, warehouse, and distribution.
    • Multiple tenant spaces available, ranging from 20,871 SF to 311,534 SF contiguous. 571,257 SF currently available for lease.
    • Features 218 dock‑high doors, 23'6" to 31'1" ceiling heights, ample parking (246 car, 186 trailer), heavy power, and elevators.
    • Renovated in 2020, situated on a 47.11‑acre lot zoned IH (Heavy Industrial) and EMP (Employment).
    • Excellent location: 2 miles from I‑40 and 9 miles from Memphis International Airport; fully fenced with two guard houses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Viterra Cotton Warehouse Keller Brothers Roofers ... Roofing Contractor

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9457572
    Latitude
    35.1797959

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    FAQs

    What type of property is this?
    Distribution property - Multi-use industrial space, Memphis, TN.
    Where is this distribution property located?
    The property is located at 3456 Meyers Rd Memphis, TN.
    What are key features of this property?
    This property features: 453,447 SF Memphis industrial property at 3456 Meyers Rd, offering flexible space for various uses, including office, manufacturing, warehouse, and distribution.; Multiple tenant spaces available, ranging from 20,871 SF to 311,534 SF contiguous. 571,257 SF currently available for lease.; Features 218 dock-high doors, 23'6" to 31'1" ceiling heights, ample parking (246 car, 186 trailer), heavy power, and elevators.
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    Memphis, TN 38108
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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
    3456 Meyers Rd Memphis, TN 38108
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