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    3865 Winchester Rd Memphis, TN 38118

    Sponsored
    For Lease
    $12 SF/Yr ($17,068 /Mo)

    15,768 SF Flex Space, 1,200 SF Vacant

    Lot size:
    15,768 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 15,768-square-foot flex space property, located at 3865 Winchester Road in Memphis, Tennessee, presents a compelling investment opportunity. Built in 1986, this single-tenant industrial building offers a versatile layout ideal for a variety of businesses. Currently, 1,200 square feet are available for immediate occupancy. The property boasts a prime location in Shelby County, offering convenient access to major transportation routes and amenities. Its strategic position provides excellent visibility and accessibility, enhanced by its frontage on Winchester Road. The property's industrial classification and flex space subtype provide adaptability for diverse operational needs. The building's total square footage of 15,768 provides ample space for expansion or consolidation. This property is situated in a thriving area of Memphis, offering a strong potential for return on investment. The convenient proximity to Memphis International Airport further enhances its appeal to businesses requiring efficient logistics and transportation links. This is a rare opportunity to acquire a well-located, adaptable industrial property in a dynamic market. The existing infrastructure and readily available space make this an attractive option for businesses seeking immediate occupancy or future expansion. The property's single-tenant status offers streamlined management and potential for long-term lease agreements.

    Property Features for 3865 Winchester Rd

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,768 SF
    Total Rate
    17068.86

    Building Details

    Year Built
    1986

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,200 SF
    Rate per SF
    $12
    Property Profile Location Intelligence

    Current Use by Public Records

    Unlimited Refunds Tax Consultant Wingz of Love Keepsakez Print Shop Payne's Community Development Urban Planning Department Pac Man's Liqour ... Liquor Store Approved Tax Advance Loan Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9347767
    Latitude
    35.0514816

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    FAQs

    What type of property is this?
    Flex space - 15,768 SF Flex Space, 1,200 SF Vacant
    Where is this flex space located?
    The property is located at 3865 Winchester Rd Memphis, TN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    Request Owner's contact information
    3865 Winchester Rd Memphis, TN 38118
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    Memphis, TN 38118
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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
    3865 Winchester Rd Memphis, TN 38118
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