4040 Delp St Memphis, TN 38118
- Warehouses
- 30,100 SF
- 1.48 lot acres
Current Use by Public Records
- Memphis Data & Direct Mail LLC / Data Recovery Service
Property Details for 4040 Delp St
- Year built
- 1972
- Lot size
- 1.48 lot acres
- Property size
- 30,100 SF
- Zone code
- EMP
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 073-037- - -00046
- APU
- 7303700046
Description
This exceptional 24,000-square-foot commercial property in Memphis, Tennessee, presents a unique opportunity for businesses seeking a versatile and adaptable industrial space. Located at 4040 Delp St, in Shelby County, zip code 38118, this single-tenant property offers a blend of executive office space, warehouse, and distribution capabilities, ideal for a variety of industrial operations. Built in 1972, the building boasts a Class C rating and features a substantial 20-foot ceiling height, providing ample vertical space for storage and operations. The property includes four dock-high doors, facilitating efficient loading and unloading of goods. A significant advantage is the expansive 125-foot truck court, designed for seamless maneuvering and optimized logistical processes. The property's robust electrical infrastructure includes 120/208-volt, 150-amp, 3-phase power, ensuring reliable support for diverse industrial applications. Furthermore, the durable PVC roof offers exceptional weather resistance and longevity, minimizing maintenance costs. Situated on a 1.5-acre lot, this property offers ample space for operations, storage, and potential future expansion. This prime location in Memphis provides excellent access to major transportation routes, making it an ideal choice for businesses seeking a strategic and adaptable industrial space. The entire 24,000 square feet is currently vacant.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,000,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,270,000
- 6.5%
- $1,105,000
- 7%
- $1,090,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,255,000
- Geo Method
- $1,370,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,080,000
- Retail
- $1,165,000
- Mixed-Use
- $1,095,000
- Hospitality
- $1,310,000
- Educational
- $1,450,000
- Residential Income
- $1,275,000
- Energy
- $1,170,000
- Income-Based Land
- $1,315,000
- Food Service
- $1,510,000
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.9215
- Latitude
- 35.0383
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
