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Investment Highlights
- Large open warehouse/shop area with concrete floors and flexible work zones
- Suitable for owner-user, contractor, storage, service, light industrial, or operational use
Executive Summary
1862 Latham St presents a functional flex industrial opportunity in Memphis’ South / Southwest industrial corridor. The property consists of ±15,234 SF situated on ±1.15 acres, offering a practical single-story commercial configuration with EMP zoning. While the title report identifies the property use as Mini-Warehouse, Self-Storage, the property’s current physical layout appears well-suited for a broader range of industrial and service-oriented uses, including warehouse/storage, contractor operations, automotive-related use, light assembly, production, showroom, fleet/equipment storage, or owner-user occupancy, subject to buyer verification of zoning and permitted use.
The improvements include a mix of warehouse/shop space and finished interior office/reception areas. Interior photos show a front office/reception component, private office areas, restrooms, open work areas, and a large warehouse/shop area with high ceilings, exposed structure, concrete flooring, and flexible interior divisions. The building also appears to include functional loading/access points, paved parking, fenced perimeter areas, and exterior yard/storage capability, giving an occupant flexibility for vehicle access, equipment staging, material storage, and daily operations.
The property is particularly attractive for an owner-user or local operator seeking a standalone industrial facility with both administrative space and operational warehouse/shop functionality. The substantial ±50,094 SF lot provides a favorable land-to-building ratio for parking, circulation, loading, storage, or future operational flexibility. The combination of office buildout, open industrial space, fenced site improvements, and infill Memphis location creates a versatile asset that can serve a variety of industrial, service, logistics, storage, or trade-related businesses.
The improvements include a mix of warehouse/shop space and finished interior office/reception areas. Interior photos show a front office/reception component, private office areas, restrooms, open work areas, and a large warehouse/shop area with high ceilings, exposed structure, concrete flooring, and flexible interior divisions. The building also appears to include functional loading/access points, paved parking, fenced perimeter areas, and exterior yard/storage capability, giving an occupant flexibility for vehicle access, equipment staging, material storage, and daily operations.
The property is particularly attractive for an owner-user or local operator seeking a standalone industrial facility with both administrative space and operational warehouse/shop functionality. The substantial ±50,094 SF lot provides a favorable land-to-building ratio for parking, circulation, loading, storage, or future operational flexibility. The combination of office buildout, open industrial space, fenced site improvements, and infill Memphis location creates a versatile asset that can serve a variety of industrial, service, logistics, storage, or trade-related businesses.
Property Facts
| Price | $450,000 | No. Stories | 1 |
| Price Per SF | $29.54 | Year Built | 1967 |
| Sale Type | Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.66/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 1.15 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 15,234 SF | ||
| Zoning | EMP | ||
| Price | $450,000 |
| Price Per SF | $29.54 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.15 AC |
| Rentable Building Area | 15,234 SF |
| No. Stories | 1 |
| Year Built | 1967 |
| Tenancy | Single |
| Parking Ratio | 0.66/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | EMP |
Amenities
- Bus Line
- Fenced Lot
- Signage
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 04-9024-0-0067 | Improvements Assessment | $105,320 |
| Land Assessment | $25,040 | Total Assessment | $130,360 |
Property Taxes
Parcel Number
04-9024-0-0067
Land Assessment
$25,040
Improvements Assessment
$105,320
Total Assessment
$130,360
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1862 LATHAM St
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