Technical
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Distress signals
Property profile

3665 S Perkins Rd Memphis, TN 38118

FOR LEASE
Industrial properties
Property ID
US80-3344378
22,736 SF 1.99 ac lot Built 1985
Entity Owned 17-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional multi-tenant flex industrial property, located at 3665 S Perkins Rd in Memphis, Tennessee, offers 11,483 square feet of immediately available space. Situated in Shelby County, this prime location provides easy access to major transportation routes. The building boasts a total of 22,786 square feet, divided into two suites. Flexible space options are available, ranging from a minimum of 2,775 square feet to a maximum contiguous space of 8,708 square feet, catering to a variety of business needs. The property features a desirable 12-foot ceiling height, providing ample vertical space for storage or operations. One dock-high door ensures efficient loading and unloading of goods. The available space is fully conditioned, offering a comfortable and productive work environment. This is an excellent opportunity for businesses seeking modern, functional industrial space in a convenient Memphis location. The property's multi-tenant nature provides a vibrant and collaborative atmosphere. Don't miss this chance to secure your ideal workspace in this thriving area. Contact us today to schedule a viewing and explore the possibilities. Zip code: 38118.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 1985
Total area 22,736 SF
Lot 1.99 ac (86,597 SF)
Zoning code EMP
APN 073-040- - -00050
UPID US80-3344378

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Association Or Organization
  • Roofing Company General Contractor
  • Construction Company General Contractor
  • Hardware & Home Improvement Kitchen & Bath Showroom
  • Carpet & Flooring Store Hardware & Home Improvement

Location

3665 S Perkins Rd Memphis, TN 38118
Memphis metro Census 22600 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
$957k
Blend (final) Blend
$480k

Owner & transaction history

since 2008
2 recorded transactions
2008
$1.9M
2007
$13.1M

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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