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6047 Executive Centre Dr Memphis, TN 38134

Industrial properties Google Maps
13,885 SF 2.2 ac lot Built 1984
Entity Owned 4-yr Hold ~ Est. High Equity
Estimated value (blended)
$4.06M
Range $3.65M – $4.46M (±10%)
Property ID US80-1153801

Property summary

AI-generated overview

This exceptional industrial warehouse property, located at 6047 Executive Centre Drive in Bartlett, Tennessee, offers a total of 27,931 square feet of space. Built in 1984, the property is comprised of three suites, providing flexibility for businesses of various sizes. Currently, 12,787 square feet is available for lease, with individual suites ranging from a minimum of 1,889 square feet to a maximum contiguous space of 5,897 square feet. The property boasts ample parking, catering to the needs of tenants and their employees or clients. Its location in Shelby County, with easy access to major highways and local amenities, makes it an ideal location for businesses seeking convenient access and a strong transportation network. The property's address is 6047 Executive Centre Dr, Bartlett, TN 38134. This prime location in Memphis offers a professional environment, perfect for businesses looking to establish or expand their operations in a modern and functional space. The property is categorized as industrial and specifically as a warehouse. Multiple tenancy options are available, allowing for diverse business needs. This is a fantastic opportunity to secure a well-located and versatile warehouse space in a thriving commercial area.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 1984
Total area 13,885 SF
Lot 2.2 ac (95,832 SF)
Zoning code EMP
APN 089-014- - -00137
UPID US80-1153801

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
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Wedding Service Photography Service
  • (Bike/Boat/Book/etc) Store Printing Service
  • Property Investment Company
  • Electronics & Wireless Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.42M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.06M

Owner & transaction history

since 2022
Last sale
$5.1M
7 recorded transactions
2022
$5.1M
2022
$2.4M
2022
Price N/A
2020
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

EMP · 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 INDUSTRIAL
Top alternative use upside
Restaurant $4.3M +650.2%

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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