Individually Owned Property summary
This expansive Memphis industrial property, located at 3456 Meyers Rd, offers 453,447 square feet of versatile space ideal for a variety of uses. The property encompasses executive office space, manufacturing areas, warehouse facilities, and distribution capabilities, making it suitable for a diverse range of businesses. Multiple tenancy options are available, with spaces ranging from a minimum of 20,871 square feet to a maximum contiguous space of 311,534 square feet. Currently, 571,257 square feet is available for lease. Built in 1982 and renovated in 2020, the two-story building features impressive ceiling heights ranging from 23'6" to 31'1", 218 dock-high doors, and ample parking with 246 passenger spaces and 186 trailer spaces. The property boasts heavy power capabilities and elevators for efficient operations. The 47.11-acre lot is zoned IH (Heavy Industrial) and EMP (Employment), providing flexibility for various industrial applications. The property's address is 3456 Meyers Rd, Memphis, TN 38108, and its Assessor's Parcel Numbers (APNs) are 043047-00011
Property profile
VerifiedCap rate & NOI
Current use
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Warehouse & Storage
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Roofing Company General Contractor
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
IH · 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
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Zoning designation
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The district profile from the municipal source: what is on file for IH in Memphis, TN.
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