1684 Florida St | Memphis, TN 38109
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- LoopNet Team
1684 Florida St
Memphis, TN 38109
Industrial Outdoor Storage · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Value-Add Opportunity: This Property Consists of Over 22 Acres of IOS Space Within the Memphis, TN Market
- Desirable IOS Asset Class - The Excess Yard Space at This Location Allows For Significant Industrial Outdoor Storage (IOS)
- Property is Located in the Memphis MSA With Great Access to Major Highways 55, 61 and 69
- The Current Tenant Occupies Only 9 Acres, Leaving Massive Upside on the Remaining 13 Acres For an Investor
- Long Term Commitment - USA Storage Yards Chose This Location Over Others in the Market and Signed a 10-Year Lease With Multiple 5 Year Renewal Options
- 473,712 Residents Live Within a 10-Mile Radius Making an Average Household Income of $64,735
PROPERTY FACTS
| Property Type | Industrial | Net Internal Area (NIA) | 6,400 sq ft |
| Property Subtype | Distribution Warehouses | No. Floors | 1 |
| Costar Property Class | B | Year Built | 1969 |
| Total Plot Size | 22.56 ac | Eaves Height | 50 ft |
| Use Class | EMP | ||
| Property Type | Industrial |
| Property Subtype | Distribution Warehouses |
| Costar Property Class | B |
| Total Plot Size | 22.56 ac |
| Net Internal Area (NIA) | 6,400 sq ft |
| No. Floors | 1 |
| Year Built | 1969 |
| Eaves Height | 50 ft |
| Use Class | EMP |
AMENITIES
- 24 Hour Access
- Fenced Lot
- Yard
- Storage Space
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £161,465 | |
| Land Assessment | £405,964 | Total Assessment | £567,429 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£405,964
Improvements Assessment
£161,465
Total Assessment
£567,429
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