You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET
Warehouses

5125 Spice Cv Memphis, TN 38134

131,000 SF Built 1987
Property ID
Property summary
AI-generated overview

Perimeter Point Business Center offers a diverse range of commercial spaces in Northeast Memphis, totaling 131,000 square feet across six buildings. This established business park, built in 1987 and located in Shelby County (zip code 38134), provides flexible options for businesses of various sizes. Available space ranges from a minimum of 3,360 square feet to a maximum contiguous space of 24,650 square feet, with a current vacancy of 28,010 square feet. The property encompasses a variety of space types, including executive office suites, flexible workspaces, and warehouse facilities. Many units feature grade-level access and roll-up doors, ideal for efficient loading and unloading. Its strategic location near the intersection of I-240 and I-40, easily accessible from Covington Pike, makes it an excellent choice for companies seeking convenient access to major transportation routes and a strong regional presence. The property is suitable for a variety of businesses needing office space, showroom space, or warehouse space, or a combination thereof. Multiple tenancy options are available. This is a rare opportunity to secure prime commercial real estate in a thriving Memphis location. The property addresses are 5125 & 5175 Elmore Road, 5115 Covington Way, 2170 & 2175 Business Center Drive, and 2165 Spice Cove.

Property profile
Verified
Property type Warehouses
Year built 1987
Total area 131,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5125 Spice Cv?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message