1063 Parkway Memphis, TN 38104
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.
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Coletta's Italian Restaurant Restaurant
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.