5164 Us 51 Hwy Memphis, TN 38127
This exceptional Memphis industrial property, located at 5164 US 51 Hwy, offers a unique blend of workspace and storage solutions. The main structure boasts a spacious 1200 square foot garage/shop, perfectly suited for a variety of industrial uses. Key features include a convenient lift, air compressor, and a large 16x16 garage door for easy access and equipment movement. Recent upgrades significantly enhance the property's functionality and appeal. These include a brand-new roof, a newly installed HVAC unit (less than two years old), a modern electrical box, and energy-efficient LED lighting throughout. Outside, covered parking is provided, further protected by a recently added awning. The property also includes a well-appointed 680 square foot office space, complete with a full kitchen, offering a comfortable and productive work environment. Internal amenities include one full bathroom and a half-bath for added convenience. This property presents a rare opportunity to acquire a fully updated and functional industrial space in a desirable Memphis location. The combination of shop space, office space, and modern amenities makes this an ideal choice for a variety of businesses seeking a turnkey solution. The property is priced at $225,000. The lot size is 0 acres.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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