1975 Latham StMemphis, TN 38106

  • Industrial properties
  • 154,184 SF
For Sale

Property Details for 1975 Latham St

Year built
1953
Lot size
5.57 AC
Property size (Sq ft)
154,184 SF
Zone code
EMP
Property type
Industrial properties
Property subtype
Other warehouses
APN
049-002- - -00025
APU
4900200025

Description

This exceptional 120,000-square-foot industrial warehouse, built in 1953, presents a significant opportunity in Memphis, Tennessee. Classified as a Class B property, this single-story building sits on a substantial 5.57-acre lot, fully fenced for enhanced security. The property features ten loading docks, each equipped with a dock-high door, ensuring efficient loading and unloading operations. The warehouse boasts a generous 16-foot ceiling height, providing ample vertical space for storage and operations. The zoning is designated as Industrial, allowing for a wide range of uses. Conveniently located, the property is just 0.8 miles from the I-55/240 interchange and a short 2-mile distance from the Canadian National (CN) rail yard, offering excellent access to major transportation arteries. The expansive lot includes a full truck court with parking capacity for eight trailers, providing ample space for maneuvering and vehicle storage. This property is individually owned and is ready for immediate occupancy. The building consists of a single unit.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $25,428,170
    Hospitality
    $23,292,066
    Educational
    $19,378,726
    Medical
    $20,045,190
    Retail
    $30,144,684
1975 Latham St, Memphis, Tennessee
Leaflet | © OpenStreetMap contributors

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.0934
Longitude
-90.0529
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
$39,469
$69,440
$578,480
$647,920
-
$173,600
$1,446,200
$1,619,800

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