4587 Damascus RdMemphis, TN 38118

  • Industrial properties
  • 12,340 SF
For Lease
$8/SF/YR View listing

Property Details for 4587 Damascus Rd

Year built
1992
Lot size
0.78 AC
Property size (Sq ft)
12,340 SF
Zone code
EMP
Property type
Industrial properties
Property subtype
Other warehouses
APN
093-302- -C-00003
APU
093302C00003

Description

This exceptional 2,000 square foot office space is situated within a larger 10,200 square foot freestanding industrial building located at 4587 Damascus Road in Memphis, Tennessee, zip code 38118. The property is a single-tenant occupancy, offering a traditional office layout ideal for a variety of businesses. The office space is fully air-conditioned, ensuring a comfortable work environment year-round. The building itself boasts impressive features including one dock door, one drive-in door, and a generous 16'-18' clear ceiling height in the warehouse area. This provides ample space for storage and potential expansion. The property also includes a fenced lot offering additional outdoor storage capacity. Its strategic corner location at the intersection of Shelby Drive and Damascus Road provides excellent visibility and accessibility. The asking lease rate is $8.00 per square foot annually. This property is located in Shelby County and is easily accessible from major transportation routes. The property type is classified as an office building with a traditional office subtype.

4587 Damascus Rd, Memphis, Tennessee

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.0233
Longitude
-89.9254
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
$9,062
$20,360
$128,400
$148,760
-
$50,900
$321,000
$371,900

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