For Sale
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Property summary
This exceptional Memphis industrial property, located at 203 E Trigg Ave, offers a substantial 30,658-square-foot warehouse on a generous 8.94-acre lot. Built in 1947, the Class C building boasts a 40-foot ceiling height, ideal for various industrial uses. The property features three dock-high doors and one drive-in door, ensuring efficient loading and unloading. Heavy power is available, catering to demanding manufacturing or warehousing operations. Currently, approximately 30,500 square feet is vacant, presenting a significant opportunity for a single tenant. The property's EMP zoning allows for a wide range of uses, including office space, light manufacturing, research and development, warehousing, wholesale, and processing. Its strategic location in Shelby County, Tennessee, provides easy access to major highways, I-55 and I-69, and downtown Memphis. The seller is open to exploring owner financing options, making this an attractive investment prospect. The property's size, features, and zoning flexibility make it suitable for a variety of businesses seeking a well-located and functional industrial space in the Memphis market. This is a rare opportunity to acquire a substantial industrial property with significant potential. The zip code is 38106.
Property profile
VerifiedCap rate & NOI
Current use
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Factory Production Facility
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
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for EMP in Memphis, TN.
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Find the owner behind the property.
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