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Prairie Farms 2040 Madison Ave 129,612 SF Industrial Building Memphis, TN 38104 For Sale
Investment Highlights
- Adjacent to Overton Square
- 21+ Nearby Restaurants
- 129,612 SF Building with 34,381 Sf of refrigerated area
- Madison Ave and Jefferson Ave Frontage
- Opportunity for Dense Development
Executive Summary
Cushman & Wakefield | Commercial Advisors is pleased to present the opportunity to acquire the Prairie Farms development site on Madison Avenue in the heart of Midtown Memphis. This offering includes two contiguous parcels located immediately adjacent to the historic Overton Square, one of Memphis’ most vibrant and established cultural districts.
Property Highlights:
• 9.25 Acre Redevelopment Opportunity
• Adjacent to Overton Square
• Madison Avenue & Jefferson Avenue Frontage
• 21+ Nearby Restaurants
• Opportunity for Dense Development
• 129,612 SF Building with 34,381 SF of Refrigerated Area
Property Highlights:
• 9.25 Acre Redevelopment Opportunity
• Adjacent to Overton Square
• Madison Avenue & Jefferson Avenue Frontage
• 21+ Nearby Restaurants
• Opportunity for Dense Development
• 129,612 SF Building with 34,381 SF of Refrigerated Area
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 3 |
| Property Type | Industrial | Year Built/Renovated | 1934/1957 |
| Property Subtype | Manufacturing | Tenancy | Single |
| Building Class | C | Parking Ratio | 0.62/1,000 SF |
| Lot Size | 9.25 AC | No. Dock-High Doors/Loading | 13 |
| Rentable Building Area | 129,612 SF | No. Drive In / Grade-Level Doors | 4 |
| Zoning | EMP - 2040 Madison Zoned EMP 2018 Court Ave Zoned CMU-3 | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 9.25 AC |
| Rentable Building Area | 129,612 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1934/1957 |
| Tenancy | Single |
| Parking Ratio | 0.62/1,000 SF |
| No. Dock-High Doors/Loading | 13 |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | EMP - 2040 Madison Zoned EMP 2018 Court Ave Zoned CMU-3 |
Amenities
- Bus Line
- Signage
1 1
Walk Score®
Very Walkable (81)
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,250,720 | |
| Land Assessment | $807,440 | Total Assessment | $4,058,160 |
Property Taxes
Parcel Numbers
Land Assessment
$807,440
Improvements Assessment
$3,250,720
Total Assessment
$4,058,160
Contacts
-
Luke Jensen -
Matt Weathersby -
Larry Jensen -
Cushman & Wakefield | Commercial Advisors, LLC
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Prairie Farms | 2040 Madison Ave
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