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5530 E Raines Rd, Memphis, TN 38115

Industrial land

Property SizeContact for details
Days on Market886

Property Features for 5530 E Raines Rd

General Information

Standard status Active
Property subtype Land
Listing Agency: Myers Commercial Real Estate
Listed By: Melanie Myers Bland · License #TN 288335
Source: Crexi
Added: May 15, 2024 Changed: Oct 10 Last Checked: Oct 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Myers Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

Key Highlights

  • 136' of frontage on Raines Road
  • Zoned EMP, light industrial
  • Minutes from 385 Highway and Mississippi border

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Restaurant Law Firm Auto Parts Store Real Estate Agency Pharmacy Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby

Demographics for 38115, TN

40,076
Population
19,179
Households
2.1
Avg Household Size
30
Median Age
14%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
4,660
Density / Sq Mi
$42,931
Median Household Income
$32,997
Median Earnings
$1,129
Median Rent
$129,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Memphis, TN

5.5% 2019
6.3% 2020
4.8% 2021
4.5% 2022
7.4% 2023
8.8% 2024
8.5% 2025

Frequently Asked Questions

Where is this industrial land located?
The property is located at 5530 E Raines Rd Memphis, TN.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 136' of frontage on Raines Road; Zoned EMP, light industrial; Minutes from 385 Highway and Mississippi border
More about this property
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