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Property profile & analytics
OFF-MARKET Estimated value $21,220,000
Manufacturing properties

585 Morrison Rd Rossville, TN 38066-3846

473,145 SF 81.04 ac lot Built 1968
Entity Owned ~ Est. High Equity
Property ID
US80-1745833
Property summary
AI-generated overview

This expansive 496,667-square-foot cold storage facility, located at 585 Morrison Rd, Rossville, Tennessee 38066, presents a unique owner-user investment opportunity. Situated on a substantial 88-acre lot, this Class B industrial property boasts 13 dock-high doors and ceiling heights ranging from 19 to 25 feet. Originally constructed in 1968 and undergoing multiple renovations throughout its history, the building is currently vacant and ready for occupancy on August 1, 2024. The property is zoned for industrial use and benefits from its strategic location in Fayette County, Tennessee, offering excellent access to major transportation arteries. Its proximity to Memphis International Airport and the Port of Memphis provides significant logistical advantages for businesses requiring efficient distribution networks. This single-story structure represents a substantial opportunity for a company seeking a large-scale cold storage solution in a prime location with ample space for expansion or future development. The property's size and features make it ideal for a variety of cold storage and related businesses. Serious inquiries are encouraged to explore the potential of this significant industrial asset.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1968
Construction CONCRETE
Total area 473,145 SF
Lot 81.04 ac (3,530,102 SF)
APN 024166 01601
UPID US80-1745833
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kellogg's Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$21.22M
Owner & transaction history
Vibrant Properties USA LLC
Vibrant Properties USA LLC
since 2025
7 recorded transactions
2025
$17.8M
2016
$1,000
2008
Price N/A
2005
Price N/A
2004
$525,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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