1887 Latham StMemphis, TN 38106
- Industrial properties
- 74,061 SF
Property Details for 1887 Latham St
- Year built
- 1965
- Lot size
- 3.93 AC
- Property size (Sq ft)
- 74,061 SF
- Zone code
- EMP
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 049-001- - -00011
- APU
- 4900100011
Description
This exceptional 75,257-square-foot industrial distribution center is strategically located at 1887 Latham St, Memphis, Tennessee, in Shelby County, zip code 38106. The property boasts a single-tenant occupancy, making it an ideal investment for those seeking a stable, long-term lease. Its classification as a distribution center highlights its suitability for logistics and warehousing operations. The building's substantial size offers ample space for inventory storage, order fulfillment, and related activities. The property's location within Memphis provides easy access to major transportation arteries, facilitating efficient distribution throughout the region. This presents a significant advantage for businesses requiring seamless logistics and convenient access to a robust transportation network. The single-tenant structure minimizes management complexities and offers predictable income streams. This turnkey solution is perfect for investors seeking a low-maintenance, high-return industrial property. Detailed specifications and lease terms are available upon request. This prime Memphis location offers a compelling opportunity for businesses seeking to establish or expand their distribution operations in a thriving market. The property's size and strategic location combine to create a highly desirable asset in the competitive Memphis industrial real estate market. Serious inquiries are encouraged to explore this exceptional investment opportunity further.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $12,214,209
- Hospitality
- $11,188,150
- Educational
- $9,308,410
- Medical
- $9,628,540
- Retail
- $14,479,748
Location Insight
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Latitude
- 35.0959
- Longitude
- -90.0528
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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