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Property profile & analytics

4587 Damascus Rd Memphis, TN 38118-7324

  • Warehouses
  • 12,340 SF
  • 0.78 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US80-0160458
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Warehouses

Property Details for 4587 Damascus Rd

Year built
1992
Lot size
0.78 lot acres
Property size
12,340 SF
Zone code
EMP
Property type
Warehouses
APN
093-302- -C-00003
APU
093302C00003

Description

This exceptional 2,000 square foot office space is situated within a larger 10,200 square foot freestanding industrial building located at 4587 Damascus Road in Memphis, Tennessee, zip code 38118. The property is a single-tenant occupancy, offering a traditional office layout ideal for a variety of businesses. The office space is fully air-conditioned, ensuring a comfortable work environment year-round. The building itself boasts impressive features including one dock door, one drive-in door, and a generous 16'-18' clear ceiling height in the warehouse area. This provides ample space for storage and potential expansion. The property also includes a fenced lot offering additional outdoor storage capacity. Its strategic corner location at the intersection of Shelby Drive and Damascus Road provides excellent visibility and accessibility. The asking lease rate is $8.00 per square foot annually. This property is located in Shelby County and is easily accessible from major transportation routes. The property type is classified as an office building with a traditional office subtype.


Value Estimations

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Location Insight

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  • Local Demand
City
Memphis
County
Shelby
State
Tennessee
Longitude
-89.9254
Latitude
35.0233
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$9,062
$20,360
$128,400
$148,760
-
$50,900
$321,000
$371,900
More about this property
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