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Property profile & analytics

147 Nebraska Ave Memphis, TN 38106

  • Warehouses
  • 9,150 SF
  • 0.40 lot acres
For Sale
Last Sale
Dec 08, 2022
$280,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US80-3207033
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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 Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $225,000
    ML approach
    $270,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $138,000
    Market price range: $110k - $330k
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $175,000
    Current use

Get a detailed, property-specific valuation — fast and free


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

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
$2,066
$5,840
$28,080
$33,920
-
$14,600
$70,200
$84,800
More about this property
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