3912 Raleigh Millington Rd Memphis, TN 38128
- Warehouses
- 8,150 SF
- 4.74 lot acres
Current Use by Public Records
- Warehouses
Property Details for 3912 Raleigh Millington Rd
- Year built
- 1979
- Lot size
- 4.74 lot acres
- Property size
- 8,150 SF
- Zone code
- R-8
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 086-012- - -00011
- APU
- 8601200011
Description
This exceptional 4.74-acre commercial property located at 3912 Raleigh Millington Road in Memphis, Tennessee, presents a compelling redevelopment opportunity. The site currently features a warehouse building equipped with a single loading dock, providing immediate utility and potential for various uses. The expansive acreage offers significant flexibility for future development, allowing for expansion of the existing structure or construction of entirely new facilities. The property's location in Memphis provides access to major transportation routes and a robust local economy, making it an attractive investment for developers and businesses seeking a strategic location. The existing warehouse, while functional, offers a blank canvas for adaptive reuse, allowing for customization to suit a wide range of commercial needs. Whether envisioned as a distribution center, storage facility, or converted into a different type of commercial space, this property's size and location offer substantial upside potential. The property is priced at $374,900 and is being offered as-is. Serious inquiries are encouraged to explore the full potential of this prime Memphis commercial property. The property is zoned for commercial use. Further due diligence is recommended to confirm zoning and permitted uses.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.9248
- Latitude
- 35.2328
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
