1315 2nd St Memphis, TN 38107-1442
- Flex space
- 800 SF
- 4.88 lot acres
Current Use by Public Records
- Flex space
Property Details for 1315 2nd St
- Year built
- 1972
- Lot size
- 4.88 lot acres
- Property size
- 800 SF
- Zone code
- IH
- Property type
- Flex space
- APN
- 039-001- - -00011-C
- APU
- 03900100011C
Description
This exceptional 37.2-acre industrial land parcel, located at 1315 N 2nd St, Memphis, TN 38107, presents a significant investment opportunity. Zoned I-H (Heavy Industrial), this property offers unparalleled access to key transportation infrastructure. All utilities are conveniently located on-site, complemented by existing rail access with a spur, and historic river access. The site boasts a flat topography, making development straightforward and cost-effective. Further enhancing its appeal, the property is fully fenced, secured, and well-lit, providing a safe and secure environment. Ideal for a variety of industrial uses, including redevelopment, manufacturing, and transportation yards, this property is perfectly positioned to capitalize on Memphis's thriving logistics sector. Memphis is renowned as the third-largest inland port in the US, boasting five Class 1 railroads, the third-busiest trucking corridor, and the largest cargo airport. The asking price for this remarkable opportunity is $1,850,000. The Shelby County Assessor's Parcel Number (APN) is 039-002- - -00001-C. This is a rare chance to acquire a substantial, well-situated industrial property in a dynamic and rapidly growing market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.0453
- Latitude
- 35.1781
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
