507 Winchester Rd Memphis, TN 38116
This exceptional industrial property in Southwest Memphis offers a compelling investment opportunity. Situated on a sprawling 7.09-acre paved lot, the property boasts two single-story buildings totaling 14,500 square feet of net rentable warehouse/flex space. Built in 1975, the buildings feature a 16-foot ceiling height, ideal for various industrial uses. The property includes one loading dock and one dock-high door, ensuring efficient loading and unloading operations. A significant advantage is the inclusion of twenty-two 22-foot ventilated shipping containers currently on the site. The property is zoned for industrial use and benefits from a prime location in Southwest Memphis, neighboring established businesses such as FedEx Freight and Pandrol USA. The western boundary of the property abuts a railway line, offering potential for future rail access restoration. This property presents a rare combination of ample space, convenient features, and a strategic location, making it an attractive option for businesses seeking a versatile and well-situated industrial space. The property is currently vacant, providing immediate occupancy for the new owner.
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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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.