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1684 Florida St
Memphis, TN 38109
Industrial Outdoor Storage · Industrial Property For Sale
Investment Highlights
- Value-Add Opportunity: This Property Consists of Over 22 Acres of IOS Space Within the Memphis, TN Market
- Desirable IOS Asset Class - The Excess Yard Space at This Location Allows For Significant Industrial Outdoor Storage (IOS)
- Property is Located in the Memphis MSA With Great Access to Major Highways 55, 61 and 69
- The Current Tenant Occupies Only 9 Acres, Leaving Massive Upside on the Remaining 13 Acres For an Investor
- Long Term Commitment - USA Storage Yards Chose This Location Over Others in the Market and Signed a 10-Year Lease With Multiple 5 Year Renewal Options
- 473,712 Residents Live Within a 10-Mile Radius Making an Average Household Income of $64,735
Property Facts
| Property Type | Industrial | Rentable Building Area | 6,400 SF |
| Property Subtype | Distribution | No. Stories | 1 |
| Building Class | B | Year Built | 1969 |
| Lot Size | 22.56 AC | Clear Ceiling Height | 50’ |
| Zoning | EMP | ||
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 22.56 AC |
| Rentable Building Area | 6,400 SF |
| No. Stories | 1 |
| Year Built | 1969 |
| Clear Ceiling Height | 50’ |
| Zoning | EMP |
Amenities
- 24 Hour Access
- Fenced Lot
- Yard
- Storage Space
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Property Taxes
| Parcel Numbers | Improvements Assessment | $215,960 | |
| Land Assessment | $542,980 | Total Assessment | $758,940 |
Property Taxes
Parcel Numbers
Land Assessment
$542,980
Improvements Assessment
$215,960
Total Assessment
$758,940
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