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691 Doctor Martin Luther King Junior Ave 11,288 SF Flex Building Memphis, TN 38126 $499,000 ($44.21/SF)
EXECUTIVE SUMMARY
Flex building
Ideal for industrial use
2 offices
2 restrooms in the office
1 restroom in warehouse
2 drive in doors
1 door with dock plate to accommodate 18 wheeler
LED lights
New roof
New windows
Security system
Ideal for industrial use
2 offices
2 restrooms in the office
1 restroom in warehouse
2 drive in doors
1 door with dock plate to accommodate 18 wheeler
LED lights
New roof
New windows
Security system
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $499,000 | No. Stories | 1 |
| Price Per SF | $44.21 | Year Built | 1963 |
| Sale Type | Owner User | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 1.95/1,000 SF |
| Building Class | C | Clear Ceiling Height | 14’ |
| Lot Size | 0.49 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 11,288 SF | Opportunity Zone |
Yes
|
| Zoning | EMP - Light Industrial EMPLOYMENT potential Multi-Use Redevelopment | ||
| Price | $499,000 |
| Price Per SF | $44.21 |
| Sale Type | Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.49 AC |
| Rentable Building Area | 11,288 SF |
| No. Stories | 1 |
| Year Built | 1963 |
| Tenancy | Single |
| Parking Ratio | 1.95/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | EMP - Light Industrial EMPLOYMENT potential Multi-Use Redevelopment |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Fl - 691-699
- 11,288 SF
- Flex
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 691-699 | 11,288 SF | Flex | Full Build-Out | Now |
1st Fl - 691-699
| Size |
| 11,288 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 1
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 00-7015-0-0026 | Improvements Assessment | $33,920 |
| Land Assessment | $14,880 | Total Assessment | $48,800 |
PROPERTY TAXES
Parcel Number
00-7015-0-0026
Land Assessment
$14,880
Improvements Assessment
$33,920
Total Assessment
$48,800
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691 Doctor Martin Luther King Junior Ave
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