Financial
Distress signals
Property profile

4013 Premier Ave Memphis, TN 38118

FOR LEASE
Warehouses
Property ID
US80-3541405
184,990 SF 6.67 ac lot Built 1964
Last sale Feb 2026 · $6,550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional industrial property, located at 4013 Premier Ave, Memphis, TN 38118, presents a significant opportunity for businesses seeking substantial warehouse space. The property is classified as a multi-tenant warehouse, offering a minimum of 124,000 square feet of divisible space. This makes it ideal for a variety of industrial operations requiring significant storage and operational area. The building's location in Memphis provides excellent access to major transportation routes,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$70k
Tax billed · 2022
Assessed value · 2023$1.14M
Assessed land$99k
Assessed improvement$1.04M
Effective rate6.09%

Value estimate

· Sep 2026
$4.91M
$4.42M – $5.40M
AI approach$4.95M
Submarket $/SF estimate$4.43M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$35/SF
ZIP average, outlier-cleaned · 170 recorded sales of this use type
Observed band · Q1–Q3$24 – $52

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IH
The IH district is intended to accommodate high impact manufacturing, industrial or other uses, including extractive and waste related us...
General categoryMIXED_USE
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.1
Gym & Fitness9.5
Tailor Shop9.2

Location

4013 Premier Ave Memphis, TN 38118
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4481 Distriplex, Memphis, TN 38118-9202 $6,283,000 Dec 2025 169,272 SF
3745 Lamar, Memphis, TN 38118-3706 $1,025,000 Apr 2025 87,294 SF
4755 Burbank, Memphis, TN 38118-6342 $2,687,000 Feb 2025 66,130 SF
5611 Universal, Memphis, TN 38118-7916 $730,000 Aug 2024 42,965 SF
3696 Knight, Memphis, TN 38118-6303 $3,625,000 May 2024 81,958 SF
4133 Senator, Memphis, TN 38118-6919 $6,679,845 May 2024 55,812 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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