147 Nebraska Ave Memphis, TN 38106
- Warehouses
- 9,150 SF
- 0.40 lot acres
Current Use by Public Records
- Warehouses
Property Details for 147 Nebraska Ave
- Year built
- 1935
- Lot size
- 0.40 lot acres
- Property size
- 9,150 SF
- Zone code
- IH
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 012-034- - -00001
- APU
- 1203400001
Description
This exceptional 9,000-square-foot warehouse at 147 Nebraska Ave in Memphis, Tennessee, presents a significant opportunity for businesses seeking a strategic location and ample space. Situated in a prime industrial area, this single-tenant property boasts multiple unloading docks, facilitating efficient loading and unloading operations. The expansive interior offers considerable flexibility, allowing for customization to suit a wide range of industrial needs, from manufacturing to distribution. The property's layout is designed for functionality and ease of use, maximizing space and workflow efficiency. Its location offers unparalleled access to major transportation arteries, with less than a minute's drive to I-55 North, providing seamless connectivity throughout the region. The proximity to downtown Memphis further enhances its appeal, offering easy access to a vibrant urban center. The monthly rent is $3510, with tenant responsibility for taxes and insurance, estimated at approximately $500 per month. This property is ideal for businesses seeking a large, well-located warehouse with significant growth potential. The combination of size, location, and accessibility makes this an exceptional investment opportunity in the thriving Memphis market. Don't miss this chance to secure a property that perfectly aligns with your business needs and expansion goals. The address is 147 Nebraska Ave, Memphis, TN 38106.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $225,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $305,000
- 6.5%
- $300,000
- 7%
- $290,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $295,000
- Geo Method
- $255,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $265,000
- Retail
- $275,000
- Mixed-Use
- $285,000
- Hospitality
- $330,000
- Educational
- $285,000
- Residential Income
- $260,000
- Energy
- $300,000
- Income-Based Land
- $310,000
- Food Service
- $290,000
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.067
- Latitude
- 35.117
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
