3650 Tulane Rd Memphis, TN 38116
- Auto shops
- 3,300 SF
- 13.19 lot acres
Current Use by Public Records
- IFCO / Environmental Consultant
Property Details for 3650 Tulane Rd
- Year built
- 1972
- Lot size
- 13.19 lot acres
- Property size
- 3,300 SF
- Zone code
- EMP
- Property type
- Auto shops
- APN
- 077-017- - -00057-C
- APU
- 07701700057C
Description
This exceptional 13-acre industrial property in Memphis, Tennessee, presents a unique opportunity for businesses requiring substantial outdoor space and a drive-through building. Located at 3650 Tulane Rd, zip code 38116, the property features a single-tenant, 2,400 square foot building constructed in 1972. The building boasts a 16-foot ceiling height and four convenient drive-in bays, ideal for fleet maintenance or similar operations. The expansive lot provides ample room for storage, maneuvering, and parking. A significant portion of the 13-acre lot—10.4 acres—is paved, ensuring easy access and maneuverability for large vehicles. The property is classified as Class B and is zoned for industrial use. The single-story building offers 2,400 square feet of vacant space, ready for immediate occupancy. This property is perfect for businesses needing a combination of indoor and outdoor space in a convenient Memphis location. The ample parking, provided by the extensive paved area, accommodates a large fleet. This is a rare opportunity to secure a substantial industrial property with significant yard space in a prime Memphis location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $795,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,075,000
- 6.5%
- $985,000
- 7%
- $920,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $935,000
- Geo Method
- $815,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,035,000
- Retail
- $1,095,000
- Mixed-Use
- $1,110,000
- Hospitality
- $1,005,000
- Educational
- $850,000
- Residential Income
- $1,130,000
- Energy
- $990,000
- Income-Based Land
- $1,135,000
- Food Service
- $1,065,000
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.0435
- Latitude
- 35.0497
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
