203 Trigg AveMemphis, TN 38106

  • Industrial properties
  • 30,658 SF
For Lease

Property Details for 203 Trigg Ave

Year built
1947
Lot size
1.85 AC
Property size (Sq ft)
30,658 SF
Zone code
EMP
Property type
Industrial properties
Property subtype
Other warehouses
APN
024-062- - -00002
APU
2406200002

Description

This exceptional Memphis industrial property, located at 203 E Trigg Ave, offers a substantial 30,658-square-foot warehouse on a generous 8.94-acre lot. Built in 1947, the Class C building boasts a 40-foot ceiling height, ideal for various industrial uses. The property features three dock-high doors and one drive-in door, ensuring efficient loading and unloading. Heavy power is available, catering to demanding manufacturing or warehousing operations. Currently, approximately 30,500 square feet is vacant, presenting a significant opportunity for a single tenant. The property's EMP zoning allows for a wide range of uses, including office space, light manufacturing, research and development, warehousing, wholesale, and processing. Its strategic location in Shelby County, Tennessee, provides easy access to major highways, I-55 and I-69, and downtown Memphis. The seller is open to exploring owner financing options, making this an attractive investment prospect. The property's size, features, and zoning flexibility make it suitable for a variety of businesses seeking a well-located and functional industrial space in the Memphis market. This is a rare opportunity to acquire a substantial industrial property with significant potential. The zip code is 38106.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,056,146
    Hospitality
    $4,631,402
    Educational
    $3,853,272
    Medical
    $3,985,792
    Retail
    $5,993,980
203 Trigg Ave, Memphis, Tennessee
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Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.1104
Longitude
-90.056
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
$3,828
$11,920
$50,920
$62,840
-
$29,800
$127,300
$157,100

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