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    181 Mclemore Ave Memphis, TN 38106

    Sponsored
    For Lease
    Contact for pricing

    6.6 Acres, EMP Zoning, Single Tenant

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6.6-acre commercial land parcel, located at 181 West McLemore Avenue in Memphis, Tennessee, presents a unique investment opportunity. Zoned EMP (light industrial), this property is ideal for a variety of light industrial uses. The single-tenant designation offers flexibility and control. Situated in Shelby County, with a 38106 zip code, this site boasts convenient access to major transportation routes, enhancing its logistical appeal. The expansive lot size provides ample space for development and expansion, catering to businesses requiring significant land area for operations or storage. The property's location within Memphis offers access to a robust workforce and established infrastructure. This is a prime opportunity to acquire a sizable, strategically located commercial land parcel in a thriving market. The property is currently available for lease and offers significant potential for growth and return on investment. Detailed zoning information and site plans are available upon request. Serious inquiries only. Contact us to schedule a site visit and explore the possibilities this exceptional property offers.

    Property Features for 181 Mclemore Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1 SF

    HighLights

    • 6.6‑acre fully paved lot.
    • 150+ trailer spaces.
    • Fully fenced with perimeter lighting and secured electric gate access.
    • 2,000 SF office building.
    • Axle scale included.
    • Utilities on site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ryder Toyota and Subaru ... Warehouse Schneider Trucking Company Urt logistics Corporate Gift Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0669067
    Latitude
    35.1153895

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    FAQs

    What type of property is this?
    Land - 6.6 Acres, EMP Zoning, Single Tenant
    Where is this land located?
    The property is located at 181 Mclemore Ave Memphis, TN.
    What are key features of this property?
    This property features: 6.6-acre fully paved lot.; 150+ trailer spaces.; Fully fenced with perimeter lighting and secured electric gate access.
    Request Owner's contact information
    181 Mclemore Ave Memphis, TN 38106
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    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
    181 Mclemore Ave Memphis, TN 38106
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