3689 Cherry RdMemphis, TN 38118

  • Industrial properties
  • 17,336 SF
For Sale
$950,000 View listing

Property Details for 3689 Cherry Rd

Year built
1991
Lot size
0.79 AC
Property size (Sq ft)
17,336 SF
Zone code
EMP
Property type
Industrial properties
Property subtype
Other warehouses
APN
073-040- -D-00015
APU
073040D00015

Description

This exceptional 10,741-square-foot industrial warehouse, situated on a 1.5-acre lot in Memphis, Tennessee, presents a compelling investment opportunity. Built in 1991 and classified as Class B, this single-story building offers 10,500 square feet of net rentable space with an 18-foot ceiling height. The property boasts one loading dock and one dock-high door, complemented by two grade-level doors. Interior features include 33 parking spaces, 13 private offices, four bathrooms, a reception area, a conference room, a kitchen equipped with an ice maker and stove, a training room, and two multi-purpose rooms. A pallet racking system is in place. The building is 100% heated and cooled, and features a building-wide generator, Cat 6 cabling, and 3-phase 208v power. Access control is provided via a Building Automation System (BAS) controlling motion lights, HVAC, and fob access to automatic gates and individual offices. The property is zoned I-L and its address is 3689 Cherry Rd, Memphis, TN 38118. Showings are by appointment only with advanced notice. The asking price is $950,000.

3689 Cherry Rd, Memphis, Tennessee
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Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.0479
Longitude
-89.9182
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$11,884
$37,400
$157,680
$195,080
-
$93,500
$394,200
$487,700

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