Property profile

4013 Premier Ave Memphis, TN 38118

FOR LEASE
Warehouses
Property ID
US80-3541405
184,990 SF 6.67 ac lot Built 1964
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property, located at 4013 Premier Ave, Memphis, TN 38118, presents a significant opportunity for businesses seeking substantial warehouse space. The property is classified as a multi-tenant warehouse, offering a minimum of 124,000 square feet of divisible space. This makes it ideal for a variety of industrial operations requiring significant storage and operational area. The building's location in Memphis provides excellent access to major transportation routes, facilitating efficient logistics and distribution. The address is conveniently situated at 35.0432725 latitude and -89.9291289 longitude, ensuring easy navigation and accessibility for employees and clients. Currently, one space is available within this expansive warehouse complex, providing a unique chance to secure a substantial footprint in a prime Memphis location. The property's size and multi-tenant configuration offer flexibility for businesses of varying scales, making it a versatile and attractive option for a range of industrial needs. Interested parties are encouraged to inquire further to explore the possibilities this exceptional warehouse space offers. The property is categorized as industrial and offers a significant opportunity for businesses seeking a large-scale warehouse solution in the Memphis area. The available space is ready for immediate occupancy.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1964
Total area 184,990 SF
Lot 6.67 ac (290,545 SF)
Zoning code IH
APN 073-036- - -00077
UPID US80-3541405

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
  • Business Related
  • Clothing Store
  • Kitchen & Bath Showroom Hardware & Home Improvement
  • Trucking Company
  • Business Management Consultant

Location

4013 Premier Ave Memphis, TN 38118
Memphis metro Census 22600 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.95M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.43M
Blend (final) Blend
$4.91M

Owner & transaction history

since 2026
Last sale
$6.6M
7 recorded transactions
2026
$6.6M
2023
Price N/A
2021
$5.1M
2021
Price N/A
2005
$675,000
2000
Price N/A
1969
Price N/A

Zoning & alternative use

IH · 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 MIXED_USE

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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