1727 Cherokee BlvdMemphis, TN 38114

  • Industrial properties
  • 13,146 SF
For Sale
$749,900 View listing

Property Details for 1727 Cherokee Blvd

Year built
1985
Lot size
1.24 AC
Property size (Sq ft)
13,146 SF
Zone code
CMU-3
Property type
Industrial properties
Property subtype
Other warehouses
APN
059-037- -B-00021
APU
059037B00021

Description

This 8,800-square-foot Class B warehouse in Memphis, Tennessee, is situated on a 1.24-acre lot and offers a compelling investment opportunity. Built in 1985 and extensively renovated in 2022, the property boasts a blend of modern amenities and functional industrial space. The single-story building features 4,920 square feet of warehouse space, 2,200 square feet of office space, and a substantial 1,668-square-foot catering kitchen. The 2022 renovation included new HVAC, plumbing, and electrical systems; a new ceiling and insulation; updated LED lighting; epoxy flooring in the kitchen and warehouse; and a new automated gate. The kitchen is equipped with production equipment, refrigerators, freezers, coolers, small wares, and minimal cooking equipment. Five loading docks facilitate efficient operations. The 18-inch ceiling height provides ample storage space. The property is zoned for industrial use and enjoys convenient access to I-240. The asking price is $749,900, translating to $85.22 per square foot. The property's APN is 05-9037-B0-0021. This turnkey operation presents a rare chance to acquire a well-maintained, updated warehouse in a prime Memphis location.

1727 Cherokee Blvd, Memphis, Tennessee

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.0842
Longitude
-89.9554
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
$4,898
$18,840
$61,560
$80,400
-
$47,100
$153,900
$201,000

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