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Property profile & analytics
OFF-MARKET
Warehouses

2964 3Rd St Memphis, TN 38109

15,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 15,000-square-foot warehouse, situated on a spacious 5.44-acre lot in Shelby County, presents a significant opportunity. The property boasts a single-tenant occupancy, offering immediate availability. Key features include three 14' x 14' drive-in doors, providing convenient access for loading and unloading. The warehouse benefits from a 21-foot clear ceiling height, energy-efficient LED lighting, and robust 3-phase power. Newly installed (2023) warehouse heaters ensure year-round comfort. An added 1,500 square feet of office space provides ample administrative area. The entire site is fully fenced and well-lit for enhanced security. Strategically located a half-mile from the I-55 interchange, this property offers excellent accessibility via S 3rd St and Gill Rd. This is an ideal location for businesses requiring substantial warehouse space and convenient access to major transportation routes. The property's size and features make it suitable for a variety of industrial uses. Contact for leasing details.

Property profile
Verified
Property type Warehouses
Total area 15,000 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
  • Distribution Solutions Distribution Center Logistics Company
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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