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Property profile & analytics
OFF-MARKET
Warehouses

1063 Parkway Memphis, TN 38104

3,774 SF
Property ID
Property summary
AI-generated overview

This exceptional 3,774 square foot industrial property, located at 1063 E Parkway S in Memphis, Tennessee, presents a unique investment opportunity. The property boasts a single-tenant occupancy status, offering immediate potential for lease or owner-occupancy. The building's total square footage is 3,774 square feet, all of which is currently vacant, providing flexibility for a wide range of uses. Situated on a sizable 0.45-acre lot, the property offers ample space for expansion, storage, or outdoor operations. The zoning designation is CL, allowing for a variety of commercial and industrial applications. This versatile property is ideal for businesses seeking a strategically located space in Memphis, offering easy access to major transportation routes and a thriving commercial environment. The property's size and zoning make it suitable for a variety of industrial, commercial, and even residential uses, subject to applicable regulations and permits. The address is 1063 E Pkwy S, Memphis, TN 38104. This is a rare opportunity to acquire a substantial property in a desirable Memphis location. The property is ready for immediate occupancy.

Property profile
Verified
Property type Warehouses
Total area 3,774 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
Current use
Occupant on record · Public records
  • Coletta's Italian Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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