Technical
Financial
Distress signals
Property profile

5625-5653 Shelby Dr Memphis, TN 38141

OFF-MARKET
Warehouses
38,400 SF 2.58 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional industrial property, located at 5625-5653 E Shelby Dr in Memphis, Tennessee, presents a significant investment opportunity. The 38,400 square foot building sits on a 2.58-acre lot and offers a versatile layout suitable for distribution, flex, or warehouse operations. The property features 19,200 square feet of net rentable space, complemented by 2,500 square feet of renovated office space including a breakroom. The warehouse boasts 14-foot clear ceilings and five dock-high doors, including one with a ramp, ensuring efficient loading and unloading. Its strategic location provides easy access to the BNSF railway and Memphis International Airport, enhancing logistical advantages. Recent improvements include new interior and exterior doors, updated exterior lighting and paint, refreshed office carpet, and fresh office paint. The property is offered for sale at $2,550,000 under a triple net lease (NNN) arrangement with multi-tenant occupancy. This is a single-story building in Shelby County, zip code 38141.

Property profile

Verified
Property type Warehouses
Total area 38,400 SF
Lot 2.58 ac (112,385 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5625-5653 Shelby Dr Memphis, TN 38141
Memphis metro
Google Maps

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 5625-5653 Shelby Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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