3491 Bayliss AveMemphis, TN 38122

  • Warehouses
  • 3,500 SF
For Lease
$10.20/SF/YR View listing

Property Details for 3491 Bayliss Ave

Year built
1961
Lot size
0.41 AC
Property size (Sq ft)
3,500 SF
Zone code
EMP
Property type
Warehouses
Property subtype
Self storage facilities
APN
043-009- - -00120
APU
4300900120

Description

This exceptional Memphis commercial property, located at 3491 & 3511 Bayliss Avenue, offers a unique opportunity for a variety of businesses. The property encompasses a total of 4,000 square feet of building space, currently vacant and ready for immediate occupancy. The expansive 44,000 square foot lot provides ample room for expansion, outdoor storage, or additional development. The zoning is designated EMP CMU3, suitable for a range of industrial and retail uses. Situated in Shelby County's thriving retail submarket, this location benefits from excellent visibility and accessibility. The property's history includes use as a semi-rig/large equipment repair operation and cabinetry warehouse, demonstrating its adaptability to diverse business needs. Potential uses include, but are not limited to, salvage and auto parts yards, towing companies, used auto sales, auto maintenance facilities, lumber yards, or other industrial or retail operations. This property presents a rare combination of building space and substantial land area in a prime Memphis location, making it an ideal investment for entrepreneurs and businesses seeking significant growth potential. The property is located in Memphis, Tennessee, zip code 38122.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $577,223
    Hospitality
    $528,733
    Educational
    $439,900
    Medical
    $455,029
    Retail
    $684,289

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.173
Longitude
-89.9438
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,062
$9,480
$7,960
$17,440
-
$23,700
$19,900
$43,600

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