3217 Lucibill RdMemphis, TN 38116

Property Details for 3217 Lucibill Rd

Year built

1955

Lot size

0.63 AC

Property size (Sq ft)

10,845 SF

Zone code

CMU-3

Property type

Industrial properties

Property subtype

Other warehouses

APN

077-009- - -00007

APU

7700900007

Description

This exceptional mixed-use property, located at 3217 Lucibill Rd in Memphis, Tennessee, presents a compelling investment opportunity. The 9,360 square foot building boasts two stories, offering versatile space for a variety of uses. The ground floor comprises 6,165 square feet with impressive 13-foot ceilings and a convenient roll-up door, ideal for commercial ventures. Upstairs, a 3,195 square foot living quarters provides ample residential space. The property is zoned CMU-3 and sits on an ultra-secure fenced lot enhanced with preventive measures, ensuring peace of mind. Significant recent improvements include a brand-new HVAC system installed in 2021 and a TPO roof replaced within the last 10 years. A newly paved parking lot further enhances the property's appeal. Located in Shelby County, zip code 38116, this property offers convenient access to I-55, providing excellent visibility and accessibility. The asking price is $375,000, translating to a price per square foot of $40.06. This presents a rare chance to acquire a well-maintained, strategically located mixed-use property with significant upside potential. The combination of commercial and residential space makes this a truly unique and attractive investment.

• Alternative Use

  Use

  Valuation

  Residential

  $1,788,568

  Hospitality

  $1,638,318

  Educational

  $1,363,062

  Medical

  $1,409,939

  Retail

  $2,120,318

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Latitude

35.0609

Longitude

-90.0286

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].