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690-708 Dr MLK Jr Blvd 690 Linden Ave

92,315 SF Vacant Industrial Building Memphis, TN 38126 $1,750,000 ($19/SF)

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Executive Summary

Approximately 90,000 square feet of buildings on 2.19 acres of land. 2 building are 2 story and all concrete. one section is wood and 1 level. Great property for Mini Storage or Apartment Development. Buildings have been vacant for years and will need complete renovation. See attached plans and survey.

690-708 Dr MLK Blvd Flyer

2nd Floor Plan

1st Floor Plan

Property Facts

Price	$1,750,000	Rentable Building Area	92,315 SF
Price Per SF	$19	No. Stories	2
Sale Type	Investment or Owner User	Year Built	1930
Property Type	Industrial	Parking Ratio	0.11/1,000 SF
Property Subtype	Warehouse OfficeLoft Creative Space	No. Dock-High Doors/Loading	5
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	2.19 AC

Price	$1,750,000
Price Per SF	$19
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse OfficeLoft Creative Space
Building Class	C
Lot Size	2.19 AC
Rentable Building Area	92,315 SF
No. Stories	2
Year Built	1930
Parking Ratio	0.11/1,000 SF
No. Dock-High Doors/Loading	5
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Bus Line

Gas - Natural
Water - City
Sewer - City

1 of 1

aerial
map

690 Linden Ave, Memphis, TN - aerial map view

PROPERTY TAXES

Parcel Number	00-7007-0-0004C	Improvements Assessment	$54,160
Land Assessment	$66,440	Total Assessment	$120,600

PROPERTY TAXES

Parcel Number

00-7007-0-0004C

Land Assessment

$66,440

Improvements Assessment

$54,160

Total Assessment

$120,600

zoning

Zoning Code	CBID-RU-4 (Central Business Improvement District - Residential Urban-4 Previously Approved for Mini Storage Use)
CBID-RU-4 (Central Business Improvement District - Residential Urban-4 Previously Approved for Mini Storage Use)