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E Shelby Dr

2 Industrial Properties Offered at $2,325,000 in Memphis, TN

Investment Highlights

  • 2,500 square feet of well-appointed office area, complete with a breakroom, supporting administrative and operational functions.
  • 14 feet of clear height in the warehouse, allowing for efficient vertical storage and versatile usage.
  • 5 dock-high doors and 1 dock with a ramp, designed to streamline loading and unloading activities.
  • Situated on 1.29 acres with easy access to BNSF and the airport, ensuring enhanced logistical connectivity.

Executive Summary

*PRICE IMPROVEMENT* Introducing a premier industrial property situated in the heart of southeast Memphis, TN, offering a total of 19,200 square feet. This versatile facility features 16,700 square feet of warehouse space and 2,500 square feet of office space, including a breakroom. Designed to accommodate diverse operational needs, the property boasts 5 dock-high doors and 1 dock with a ramp, along with a 14-foot clear height, facilitating efficient loading and unloading processes. Located on 1.29 acres, it provides convenient access to BNSF and the airport, enhancing logistical operations.
The property will soon benefit from a range of upgrades, including new interior and exterior doors, updated exterior lighting, fresh exterior paint, and refreshed carpet and paint in the office areas. Managed by Three Diamond Capital Holdings—part of Herin Family Investments, specializing in industrial and commercial real estate development—this facility offers excellent visibility and functionality, making it an ideal choice for businesses seeking a well-located and adaptable industrial space.

Property Facts

Price $2,325,000
Price / SF $60.55 / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 1
Total Building Size 38,400 SF
Total Land Area 3.84 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
5639-5653 E Shelby Dr, Memphis, TN 38141 Industrial 19,200 SF 1975 $1,450,000
5625 E Shelby Dr, Memphis, TN 38141 Industrial 19,200 SF 1978 -
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  • Listing ID: 29771385

  • Date on Market: 10/12/2023

  • Last Updated:

  • Address: E Shelby Dr, Memphis, TN

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