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Build-to-Suit Industrial Land
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974 Firestone Ave, Memphis, TN 38107

Industrial land with Opportunity Zone and Brownfield designations, offered with build-to-suit options for industrial and datacenter uses.

Space SizeContact for details
Lot Size71.00 Acres
Days on Market438

Property Features for 974 Firestone Ave

General Information

Standard status Active
Lot size 71.00 Acres
Property subtype LAND

Site & Location

Neighborhood New Chicago Cdc

Additional Details

Opportunity Zone Yes

Spaces For Lease

at 974 Firestone Ave
974 Firestone Ave AVAILABLE, Now
Type LAND
Rate Contact for pricing
Sublease No
- Immediate access to I-40 & I-69 - Opportunity zone - New market tax credits available - Adjacent to MLGW substation - Priced with and without solar build on roof top - Rail service nearby and available - Can be build-to-suit - Estimated building delivery 10-12 months from signing - Zoned heavy industrial, warehouse and distribution
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Listing Agency: Cushman & Wakefield | Commercial Advisors - Memphis
Listed By: Kemp Conrad
Source: Moodyscre
Added: Aug 13, 2025 Changed: Oct 3 Last Checked: Oct 23 at 10:47AM

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 Cushman & Wakefield | Commercial Advisors - Memphis

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Investment Insights

Based on property information with market context.

This offering presents industrial land with build-to-suit options for a range of industrial and datacenter uses, including Battery Energy Storage System (BESS). The site is presented as an Opportunity Zone and Brownfield property, with the remarks indicating potential access to New Market Tax Credits, federal grants, and investment tax credits.

According to the provided remarks, the property is adjacent to an MLGW substation and positioned to support scalable grid access. The offering also highlights geothermal heating and cooling tax credits, along with access to digital infrastructure and a fiber-ready environment.

The seller also notes that build-to-suit flexibility is available, with the intent of supporting development needs tied to power, thermal systems, and communications infrastructure.

Key Highlights

  • Industrial land with Opportunity Zone and Brownfield designations
  • Opportunity Zone + Brownfield support access to New Market Tax Credits, federal grants, and investment tax credits (up to 110% of cost)
  • Geothermal heating & cooling systems may qualify for up to 50% tax credits

Property Analytics

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Suggested Use

Top Pick Building Supply Restaurant Law Firm Big Box & Wholesale Store Pharmacy Hair Salon

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

270
Businesses Nearby

Demographics for 38107, TN

15,655
Population
8,093
Households
1.9
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
5.4 sq mi
ZIP Area
2,899
Density / Sq Mi
$36,393
Median Household Income
$34,958
Median Earnings
$999
Median Rent
$128,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

What type of property is this?
Industrial land - Industrial land with Opportunity Zone and Brownfield designations, offered with build-to-suit options for industrial and datacenter uses.
Where is this industrial land located?
The property is located at 974 Firestone Ave Memphis, TN.
What are key features of this property?
This property features: Industrial land with Opportunity Zone and Brownfield designations; Opportunity Zone + Brownfield support access to New Market Tax Credits, federal grants, and investment tax credits (up to 110% of cost); Geothermal heating & cooling systems may qualify for up to 50% tax credits
(901) 292-4653 Call to check price and availability
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