Property summary
This exceptional industrial property, located at 1709-1769 Latham St in Memphis, Tennessee, presents a significant investment opportunity. The property encompasses a substantial 207,240 square feet of warehouse space situated on a generous 8.13-acre lot in Shelby County's Southwest Submarket. The complex consists of four buildings, offering ample space for various industrial operations. Key features include approximately 10,000 square feet of office space, well-suited for administrative functions. Loading and unloading are facilitated by 16 dock doors equipped with levelers, including three conveniently located interior docks. The warehouse boasts impressive ceiling heights of up to 25 feet, providing ample vertical space for storage and operations. A large 12' x 15' grade-level door further enhances accessibility. The property also includes fluorescent lighting throughout, enhancing functionality and safety. Security and organization are supported by fenced areas at both the north and south ends of the building, along with a dedicated fenced employee parking lot. Its strategic location offers unparalleled access to major transportation networks, with Memphis International Airport a mere 8 miles away. This prime location provides significant advantages for businesses requiring efficient logistics and distribution capabilities. This property is ready for immediate occupancy and presents a rare opportunity to acquire a substantial industrial asset in a thriving Memphis market. The zip code is 38106.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
1. In the CA, CMU, EMP, WD, IH districts, outdoor runs are permitted. 2. In all other districts, outdoor runs are not permitted. All overnight care of animals must occur indoors. All pens, kennels and runs must be locate…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
EMP · Memphis, TN1. In the CA, CMU, EMP, WD, IH districts, outdoor runs are permitted. 2. In all other districts, outdoor runs are not permitted. All overnight care of animals must occur indoors. All pens, kennels and runs must be locate…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for EMP in Memphis, TN.
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