5639-5653 E Shelby Dr
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5639-5653 E Shelby Dr
19,200 SF 53% Leased Industrial Building Memphis, TN 38141 $1,450,000 ($76/SF)
Investment Highlights
- The warehouse features a 14-foot clear height, enhancing vertical storage capacity and supporting a wide range of industrial operations.
- Positioned on 1.29 acres, the property offers easy access to major transportation routes, including BNSF and the airport, ensuring efficient logistics
- Equipped with 5 dock-high doors and 1 dock with a ramp, the property is designed to facilitate efficient loading and unloading processes.
Executive Summary
Introducing a prime industrial property located in the heart of southeast Memphis, TN, spanning a total of 19,200 square feet. The facility is designed for versatile industrial operations, featuring 16,700 square feet of warehouse space and 2,500 square feet of office space, complete with a breakroom. The property includes 5 dock-high doors and 1 dock with a ramp, accommodating various loading and unloading needs, along with a clear height of 14 feet. Situated on 1.29 acres, it offers easy access to BNSF and the airport, enhancing logistical efficiency.
Upcoming improvements include new interior and exterior doors, updated exterior lighting, fresh exterior paint, and refurbished carpet and paint in the office areas. This property, owned and managed by Three Diamond Capital Holdings—part of Herin Family Investments—focuses on building, developing, buying, and selling industrial and commercial real estate assets. With its strategic location and planned enhancements, this facility promises excellent visibility, accessibility, and functionality for a range of industrial operations.
Upcoming improvements include new interior and exterior doors, updated exterior lighting, fresh exterior paint, and refurbished carpet and paint in the office areas. This property, owned and managed by Three Diamond Capital Holdings—part of Herin Family Investments—focuses on building, developing, buying, and selling industrial and commercial real estate assets. With its strategic location and planned enhancements, this facility promises excellent visibility, accessibility, and functionality for a range of industrial operations.
Property Facts
| Price | $1,450,000 | Rentable Building Area | 19,200 SF |
| Price Per SF | $76 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1975/1997 |
| Property Type | Industrial | Parking Ratio | 1.3/1,000 SF |
| Property Subtype | Distribution | Clear Ceiling Height | 14 FT |
| Building Class | B | No. Dock-High Doors/Loading | 12 |
| Lot Size | 1.26 AC | No. Drive In / Grade-Level Doors | 1 |
| Price | $1,450,000 |
| Price Per SF | $76 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 1.26 AC |
| Rentable Building Area | 19,200 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1975/1997 |
| Parking Ratio | 1.3/1,000 SF |
| Clear Ceiling Height | 14 FT |
| No. Dock-High Doors/Loading | 12 |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
4,560 square-feet of industrial space located at 5639-5653 E Shelby Dr.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 4,560 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 4,560 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 4,560 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
4,560 square-feet of industrial space located at 5639-5653 E Shelby Dr.
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PROPERTY TAXES
| Parcel Number | 09-3623-A0-0044 | Improvements Assessment | $187,560 |
| Land Assessment | $32,960 | Total Assessment | $220,520 |
PROPERTY TAXES
Parcel Number
09-3623-A0-0044
Land Assessment
$32,960
Improvements Assessment
$187,560
Total Assessment
$220,520
zoning
| Zoning Code | I-L (Light Industrial zoning) |
| I-L (Light Industrial zoning) |
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5639-5653 E Shelby Dr
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