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Property profile

1709 Latham St Memphis, TN 38106

OFF-MARKET
Warehouses
Property ID
US80-1135619
View Sample
32,832 SF 0.91 ac lot Built 1978
Individually Owned 1-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

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

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1978
Total area 32,832 SF
Lot 0.91 ac (39,596 SF)
Zoning code EMP
APN 049-001- - -00001
UPID US80-1135619

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$445k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2025
$1.2M
2020
Price N/A
2017
Price N/A
2001
$324,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

EMP · Memphis, TN
Zoning description

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…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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