3600 Regal BlvdMemphis, TN 38118

Property Details for 3600 Regal Blvd

Year built

1963

Lot size

2.06 AC

Property size (Sq ft)

32,416 SF

Zone code

IH

Property type

Office properties

Property subtype

Office buildings

APN

073-034- - -00014-C

APU

07303400014C

Description

This exceptional 32,416-square-foot flex space industrial property, located at 3600 Regal Blvd in Memphis, Tennessee, presents a compelling investment opportunity. Built in 1963, this single-story Class C building sits on a generous 2.06-acre lot and is zoned H. The property boasts a 12-foot ceiling height, providing ample vertical space for various uses. With ample parking, offering 1.81 spaces per 1,000 square feet, this property is well-suited for businesses requiring significant storage and operational space. The asking price is $1,300,000. The property's strategic location in Shelby County, zip code 38118, offers easy access to major transportation routes, enhancing its logistical appeal. This versatile property is ready for immediate occupancy and presents a unique chance to acquire a substantial industrial asset in a thriving Memphis market. The property's size and zoning provide flexibility for a wide range of potential uses, making it an attractive option for both established businesses and entrepreneurs. Its solid construction and ample parking further enhance its value proposition. This is a rare opportunity to acquire a significant industrial property in a prime Memphis location at an attractive price point.

• CAP approach

  CAP return

  Valuation

  6%

  $4,670,632

  6.5%

  $4,311,352

  7%

  $4,003,399

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,527,151

  Geo Method

  $2,527,151

• Alternative Use

  Use

  Valuation

  Residential

  $5,346,077

  Hospitality

  $4,896,978

  Educational

  $4,074,228

  Medical

  $4,214,347

  Retail

  $6,337,688

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Latitude

35.0508

Longitude

-89.9303

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.