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    5388 Airways Blvd Memphis, TN 38116-9402
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    Property profile & analytics

    5388 Airways Blvd, Memphis, TN 38116-9402

    View on Map

    • Warehouses
    • 312,900 SF
    • 39.22 lot acres
    Off-Market
    Property ID
    US80-0454381
    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
    $20,160,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Patterson Warehouses / Warehouse & Storage

    Property Details for 5388 Airways Blvd

    Year built
    1997
    Lot size
    39.22 lot acres
    Zone code
    EMP
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    094-400- - -00096
    APU
    9440000096

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 26, 2019 — S & S Holdings — Grant Deed · related $30M · First Horizon Bk
    Oct 25, 2010 — S Holdings Bell,samuel B Quit Claim Deed · related —
    Nov 14, 2005 $1,000 S & S Investments LLC Industrial Dev Board Of City/memp Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $14,183,000
      Market price range: $4.88M - $14.2M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $15,645,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $27,835,000
      Change: +78% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $18,905,000
      Change: +21% Conversion: Difficult
      RETAIL STORES
      $17,570,000
      Change: +12% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9854
    Latitude
    35.0014
    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
    $834,440
    $492,720
    $13,205,400
    $13,698,120
    -
    $1,231,800
    $33,013,500
    $34,245,300
    More about this property
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