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Property profile & analytics

203 Trigg Ave Memphis, TN 38106

  • Warehouses
  • 30,658 SF
  • 1.85 lot acres
For Lease
Last Sale
Nov 01, 2023
$320,000
Value Estimations
$315,000
Cap Rate Potential
Location Intelligence
Property ID
US80-1513731
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

  • Metal Supply Co / Metal Supplier / Metal Fabricator

Property Details for 203 Trigg Ave

Year built
1947
Lot size
1.85 lot acres
Property size
30,658 SF
Zone code
EMP
Property type
Warehouses
Property subtype
Self storage facilities
APN
024-062- - -00002
APU
2406200002

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $310,000
    ML approach
    $460,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $392,000
    Market price range: $392k - $1.09M
    AI Estimate
    $367,000
    Market price range: $368k - $1.10M

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


Location Insight

  • Map
  • Local Demand
City
Memphis
County
Shelby
State
Tennessee
Longitude
-90.056
Latitude
35.1104
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
$3,828
$11,920
$50,920
$62,840
-
$29,800
$127,300
$157,100
More about this property
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