1315 N 2Nd St Memphis, TN 38103
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IH · Memphis, TNMemphis. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.