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    5146 E Raines Rd Memphis, TN 38118
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    Property profile & analytics

    5146 E Raines Rd Memphis, TN 38118


    • Industrial properties
    • 84,790 SF
    • 5.89 lot acres
    Warehouse with Renovated Office Space For Lease
    $4,110,000
    7,270 SF

    Warehouse with Renovated Office Space

    7,270 SF warehouse with renovated office space for lease.

    5146 E Raines Rd, Memphis, TN 38118
    View Listing
    Property ID
    US80-0084044
    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.

    Value Estimations
    $4,110,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Evoqua Water Technologies / Industrial Manufacturer / Production Facility

    Property Details for 5146 E Raines Rd

    Year built
    1986
    Lot size
    5.89 lot acres
    Property size
    84,790 SF
    Zone code
    IH
    Property type
    Industrial properties
    Property subtype
    Loft space
    APN
    074-101- - -00030
    APU
    7410100030

    Description

    This exceptional flex space in Willow Lake Industrial Park, Building 7, offers two available units totaling 7,270 to 7,450 square feet. Located in Shelby County, this property boasts a desirable location with easy access to key transportation arteries. The units feature an impressive 18-foot clear height, providing ample vertical space for various industrial needs. Loading and unloading are facilitated by three dock doors and one convenient ramp. Extensive parking is available for employees and visitors. Beyond the functional aspects, the property offers a surprisingly pleasant environment. A landscaped pond, jogging path, and picnic area provide a welcome respite for tenants and their employees. The strategic location near the BNSF Intermodal facility and the intersection of I-22 and Highway 78 ensures efficient logistics and convenient commutes. This property is ideal for businesses seeking a functional, well-maintained space in a convenient and attractive setting. The multiple tenancy option allows for flexibility in lease terms and space requirements. Contact us today to schedule a viewing and explore the possibilities.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,590,000
      ML approach
      $4,120,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,813,000
      Market price range: $1.83M - $4.09M
      AI Estimate
      $2,649,000
      Market price range: $1.06M - $3.03M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $2,590,000
      Current use
      OFFICE BUILDING
      $6,585,000
      Change: +154% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $5,125,000
      Change: +98% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8913
    Latitude
    35.0358
    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
    $82,832
    $96,560
    $1,263,200
    $1,359,760
    -
    $241,400
    $3,158,000
    $3,399,400
    View Listing
    More about this property
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