4140 Bf Goodrich BlvdMemphis, TN 38118

  • Warehouses
  • 91,919 SF

Property Details for 4140 Bf Goodrich Blvd

Year built
1980
Lot size
5.52 AC
Property size (Sq ft)
91,919 SF
Zone code
EMP
Property type
Warehouses
Property subtype
Self storage facilities
APN
073-096- - -00054-C
APU
07309600054C

Description

This 45,600-square-foot warehouse, located at 4140 B F Goodrich Blvd in Memphis, Tennessee, presents a significant opportunity. Situated on a 5.57-acre lot within the Airport Industrial Park, this single-tenant property boasts a prime location near the Lamar/Raines Rd intersection, offering easy access to I-55. Built in 1987 and expanded in 1997, the building features a 24-foot clear ceiling height, six dock-high doors, and a substantial 170-foot asphalt truck court with a 60-foot concrete truck apron. The property also includes 8,000 square feet of air-conditioned office space and ample parking with 35 spaces. Structural features include a concrete tilt wall/structural steel frame and a Class IV sprinkler system. The column spacing is 40' x 40'. The property is currently vacant and ready for immediate occupancy. This warehouse is perfectly suited for distribution and other industrial uses, offering a combination of size, location, and features rarely found in the Memphis market. The Shelby County location and proximity to major transportation arteries make this an exceptional investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,159,367
    Hospitality
    $13,885,899
    Educational
    $11,552,905
    Medical
    $11,950,227
    Retail
    $17,971,186

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.0348
Longitude
-89.9191
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
$64,623
$91,720
$969,120
$1,060,840
-
$229,300
$2,422,800
$2,652,100

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