Property summary
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
VerifiedCap rate & NOI
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
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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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
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…
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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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning