Entity Owned Property summary
The property portfolio centered at 215 West McLemore Avenue consists of three contiguous parcels totaling 15.83 acres, supporting logistics and yard/trailer operations. Parcel at 215 West McLemore Avenue (3,600 sq. ft., 3-bay shop) sits on 4.89 acres and includes 136 trailer parks. Contiguous Parcel B1 at 185 West McClemore Avenue functions as a truck terminal, covering approximately 31,689 sq. ft. on 6.09 acres with 77 dock doors and 30 trailer parks; it underwent renovations during 2021–2022. Contiguous Parcel B2 at 1241 Louisiana Street provides a 9,779 sq. ft. shop/office on 4.85 acres with 158 trailer parks. In combination, the three parcels provide a terminal totaling approximately 31,698 sq. ft., 77 dock doors, and up to 324 trailer parks. The site has direct access to I-55 and convenient access to I-40, and is located within about 15 miles of five Class 1 railroads.
Property profile
VerifiedCap rate & NOI
Current use
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Trucking Company
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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Cap rate
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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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