Property profile

3266 Winbrook Dr Memphis, TN 38116

OFF-MARKET
Warehouses
Property ID
US80-3120695
14,640 SF 0.85 ac lot Built 1994
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This freestanding industrial warehouse, totaling 14,640 square feet, presents a compelling opportunity for owner-occupiers. Located in Memphis, Tennessee, near the Memphis International Airport and I-240, this property offers unparalleled access to major transportation arteries. Built in 1994, the single-story building features a 12-foot ceiling height, two drive-in doors, and ample parking for ten or more vehicles. The functional layout includes 10,800 square feet of warehouse space, perfect for storage and logistics, complemented by 3,840 square feet of well-appointed office space. Office amenities include a reception area, counter space, six private offices, a large meeting room, a dining area, and restrooms. Situated on 0.854 acres and zoned EMP, this property is ideally suited for a variety of businesses, from distribution and manufacturing to professional services. Its strategic location within Shelby County's Memphis International Airport submarket ensures seamless connectivity for businesses reliant on air travel and efficient logistics. The property's size, features, and location make it an exceptional investment for an owner-user seeking a functional and strategically located space.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1994
Total area 14,640 SF
Lot 0.85 ac (37,200 SF)
Zoning code EMP
APN 078-008- -A-00007-C
UPID US80-3120695

Cap rate & NOI

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

Location

3266 Winbrook Dr Memphis, TN 38116-3644
Memphis metro Census 22026 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2023
Last sale
$360,000
4 recorded transactions
2023
$360,000
2022
Price N/A
2022
Price N/A
2010
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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