Property summary
This exceptional 120,000-square-foot industrial warehouse, built in 1953, presents a significant opportunity in Memphis, Tennessee. Classified as a Class B property, this single-story building sits on a substantial 5.57-acre lot, fully fenced for enhanced security. The property features ten loading docks, each equipped with a dock-high door, ensuring efficient loading and unloading operations. The warehouse boasts a generous 16-foot ceiling height, providing ample vertical space for storage and operations. The zoning is designated as Industrial, allowing for a wide range of uses. Conveniently located, the property is just 0.8 miles from the I-55/240 interchange and a short 2-mile distance from the Canadian National (CN) rail yard, offering excellent access to major transportation arteries. The expansive lot includes a full truck court with parking capacity for eight trailers, providing ample space for maneuvering and vehicle storage. This property is individually owned and is ready for immediate occupancy. The building consists of a single unit.
Property profile
VerifiedCap rate & NOI
Current use
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Financial Advisor
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Material Handling Equipment Supplier
Location
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
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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
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
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