Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    00 Paul Riverport Rd Memphis, TN 38109
    Back to Search
    Property profile & analytics

    00 Paul Riverport Rd Memphis, TN 38109

    View on Map
    • Land
    • 582.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 00 Paul Riverport Rd

    Lot size
    582.00 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This expansive 582-acre parcel presents a unique investment opportunity in Shelby County, Tennessee. Located at 00 Paul Riverport Rd, Memphis, TN 38109 (APN: 050097 00004), this property boasts a strategic location offering significant advantages for various commercial and industrial uses. Zoned IH, the land is suitable for a wide range of development projects. Its proximity to major transportation hubs is a key selling point. The property sits directly across from CSX Transportation Intermodal and Canadian National Intermodal Freight Transport facilities, ensuring seamless access to national and international freight networks. Furthermore, its adjacency to the Nucor Steel Plant provides an opportunity for synergistic development. The potential for rail access adds further logistical flexibility, while the short distance to a regional TVA plant offers a reliable energy source. Finally, the possibility of accessing the Mississippi Barge Port opens avenues for waterborne transportation, enhancing the property's overall connectivity and logistical capabilities. This substantial acreage offers unparalleled potential for large-scale industrial development, logistics operations, or other commercial ventures seeking a strategic location with exceptional infrastructure access. Inquire for detailed information and explore the possibilities this exceptional property offers.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.1169
    Latitude
    35.0693

    Comparable in this City

    • Value Estimation by Request
      582.00 Acres

      00 Paul Riverport Rd

      Farms • 582.00 Acres
      00 Paul Riverport Rd, Memphis, TN 38109
      View Details
    • Value Estimation by Request
      9.30 Acres

      3974 New Horn Lake Rd

      Multifamily properties • 105,451 SF
      3974 New Horn Lake Rd, Memphis, TN 38109
      View Details
    • Value Estimation by Request
      25.20 Acres

      1351 Holmes Rd

      Land • 25.20 Acres
      1351 Holmes Rd, Memphis, TN 38109
      View Details
    • Value Estimation by Request
      40.00 Acres

      Holmes Rd

      Land • 40.00 Acres
      0 Holmes Rd, Memphis, TN 38109
      View Details
    • Value Estimation by Request
      0.71 Acres

      4010 Horn Lake Rd

      Restaurants • 0.71 Acres
      4010 Horn Lake Rd, Memphis, TN 38109
      View Details
    • Value Estimation by Request
      0.58 Acres

      W Parkway

      Land • 0.58 Acres
      W Parkway, Memphis, TN 38109
      View Details

    Similar Nearby for Sale

    • $499,000
      25.20 Acres

      Memphis Multi-Use Land - Hwy 61

      25 Acres, Commercial, Industrial, Residential
      1351 Holmes Rd, Memphis, TN 38109
      View Details
    • Contact for pricing
      19,214 SF

      1.571 Acre Land Parcel

      1.571 acre property suitable for truck parking or trailer drop.
      1735 Florida St, Memphis, TN 38109
      View Details
    • Contact for pricing

      Land for Sale

      Land available for purchase; buyer to perform due diligence.
      267 West Mckellar Ave, Memphis, TN 38109
      View Details
    • $499,000
      25.20 Acres

      Memphis Hwy 61 Commercial Land

      High-traffic US Hwy 61 frontage, diverse zoning.
      1351 Holmes Rd 1374 W Holmes Rd S 3 St, Memphis, TN 38109
      View Details
    • Contact for pricing

      King Road Land For Sale

      Land for sale in up-and-coming area with existing foundation.
      538 King Rd, Memphis, TN 38109
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,000 SF

      Warehouse/Shop on 5.44 Acres

      15,000 SF warehouse/shop on 5.44 acres for lease/sale.
      2964 S 3Rd St, Memphis, TN 38109
      View Details
    • Contact for pricing
      105,310 SF

      Secured Industrial Park Warehouse Space

      Gated industrial park with ample loading and 18' clear height.
      234-350 Titan Dr, Memphis, TN 38109
      View Details
    • $1.00 SF/Yr

      Office and Warehouse Facility For Rent

      4,756 SF office and warehouse with yard and parking.
      231 Parkway South Pkwy West, Memphis, TN 38109
      View Details
    • Contact for pricing
      51,081 SF

      Memphis Manufacturing and Distribution Space

      Manufacturing and distribution space available in Memphis, Tennessee.
      2140 S 3Rd St, Memphis, TN 38109
      View Details
    • Contact for pricing

      Warehouse/Shop on 5.44 Acres

      15,000 SF warehouse/shop on 5.44 acres for lease/sale.
      2964 S 3Rd St, Memphis, TN 38109
      View Details
    • Contact for pricing
      90,170 SF

      Secured Industrial Park Space

      Gated industrial park with ample loading and 18’ clear height.
      371-413 Titan Dr, Memphis, TN 38109
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    00 Paul Riverport Rd
    Memphis, TN 38109
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    00 Paul Riverport Rd, Memphis, TN, 38109
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!