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    203 Trigg Ave Memphis, TN 38106

    Sponsored
    For Sale
    $985,000

    8.94-Acre Warehouse, Excellent Location

    Property size:
    30,658 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 30,658-square-foot warehouse, situated on an expansive 8.94-acre lot in Memphis, Tennessee, presents a compelling investment opportunity. Built in 1947, this Class C industrial property boasts a 40-foot ceiling height, providing ample vertical space for various uses. The property features four dock-high doors, plus a convenient drive-in truck well and a 12' x 15' grade-level door, ensuring efficient loading and unloading. Two overhead crane tracks run the length of the building, adding significant operational flexibility. The property benefits from heavy power and enjoys easy access to Interstates 55 and 61, providing excellent connectivity. Zoned EMP, this versatile property allows for a wide range of industrial uses, including office space, light manufacturing, research and development, warehousing, wholesale, and processing. The asking price is $985,000, and the seller may consider owner financing options. This property is located at 203 E Trigg Ave, Memphis, TN 38106, in Shelby County.

    Property Features for 203 Trigg Ave

    General Information

    Property type
    Manufacturing properties
    Square Feet
    30,658 SF
    Class
    C
    Lot Size
    389,426 SF

    Building Details

    Year Built
    1947

    HighLights

    • $985,000 asking price for this Memphis industrial property.
    • 30,658 square foot warehouse on an 8.94‑acre lot.
    • Features 40‑foot ceiling heights, 4 dock‑high doors, and a drive‑in.
    • Heavy power and two overhead crane tracks are included.
    • Conveniently located near I‑55 and Hwy 61, with EMP zoning allowing for various industrial uses.
    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?
    Manufacturing property - 8.94-Acre Warehouse, Excellent Location
    Where is this manufacturing property located?
    The property is located at 203 Trigg Ave Memphis, TN.
    What is the asking price?
    The asking price for this property is $985,000.
    What are key features of this property?
    This property features: $985,000 asking price for this Memphis industrial property.; 30,658 square foot warehouse on an 8.94-acre lot.; Features 40-foot ceiling heights, 4 dock-high doors, and a drive-in.
    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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