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    1699 Airways Blvd Memphis, TN 38114

    Sponsored
    For Sale
    $19,700,000
    Property size:
    128,080 SF
    Added:
    Dec 11, 2024
    Days on Market:
    393

    Property Features for 1699 Airways Blvd

    General Information

    Property type
    Self storage facilities
    Square Feet
    128,080 SF
    Class
    A
    Lot Size
    261,360 SF

    Building Details

    Year Built/Renovated
    1946/2023
    Buildings
    1
    Stories
    2
    Units
    1213

    HighLights

    • Now Open!
    • 6+ acre site allows for future expansion with potential for additional freestanding storage building.
    • 80 parking spaces available.
    • 1,213 climate‑controlled storage units.
    • High‑visibility location with traffic light.
    Property Profile Location Intelligence

    Current Use by Public Records

    Endres Processing LLC Mover Airways Storage Self-Storage Facility U-Haul Neighborhood Dealer Trailer Rental Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.98780755462
    Latitude
    35.099741148663

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    FAQs

    Where is this self storage facility located?
    The property is located at 1699 Airways Blvd Memphis, TN.
    What is the asking price?
    The asking price for this property is $19,700,000.
    What are key features of this property?
    This property features: Now Open!; 6+ acre site allows for future expansion with potential for additional freestanding storage building.; 80 parking spaces available.
    Request Owner's contact information
    1699 Airways Blvd Memphis, TN 38114
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    Memphis, TN 38114
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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
    1699 Airways Blvd Memphis, TN 38114
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