5146 Raines Rd Memphis, TN 38118
- Industrial properties
- 84,790 SF
- 5.89 lot acres
Current Use by Public Records
- Evoqua Water Technologies / Manufacturer
Property Details for 5146 Raines Rd
- Year built
- 1986
- Lot size
- 5.89 lot acres
- Property size
- 84,790 SF
- Zone code
- IH
- Property type
- Industrial properties
- Property subtype
- Loft space
- APN
- 074-101- - -00030
- APU
- 7410100030
Description
This exceptional flex space in Willow Lake Industrial Park, Building 7, offers two available units totaling 7,270 to 7,450 square feet. Located in Shelby County, this property boasts a desirable location with easy access to key transportation arteries. The units feature an impressive 18-foot clear height, providing ample vertical space for various industrial needs. Loading and unloading are facilitated by three dock doors and one convenient ramp. Extensive parking is available for employees and visitors. Beyond the functional aspects, the property offers a surprisingly pleasant environment. A landscaped pond, jogging path, and picnic area provide a welcome respite for tenants and their employees. The strategic location near the BNSF Intermodal facility and the intersection of I-22 and Highway 78 ensures efficient logistics and convenient commutes. This property is ideal for businesses seeking a functional, well-maintained space in a convenient and attractive setting. The multiple tenancy option allows for flexibility in lease terms and space requirements. Contact us today to schedule a viewing and explore the possibilities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,590,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,235,000
- 6.5%
- $4,635,000
- 7%
- $4,150,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,135,000
- Geo Method
- $5,060,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,225,000
- Retail
- $3,890,000
- Mixed-Use
- $5,195,000
- Hospitality
- $4,410,000
- Educational
- $4,540,000
- Residential Income
- $4,675,000
- Energy
- $4,435,000
- Income-Based Land
- $3,995,000
- Food Service
- $4,265,000
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.8913
- Latitude
- 35.0358
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
