4900 Outland Center DrMemphis, TN 38118

Property Details for 4900 Outland Center Dr

Year built

1988

Lot size

5.44 AC

Property size (Sq ft)

33,932 SF

Zone code

EMP

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

074-101- - -00014

APU

7410100014

Description

This exceptional Memphis industrial flex space, located at 4900 Outland Center Dr, offers two available units totaling 8,157 square feet within a larger 35,374-square-foot building. The property is classified as Class B and boasts a single story design, constructed in 1987. Unit sizes range from 3,108 square feet (an end-cap unit) to 5,049 square feet, providing flexibility for various business needs. The building features an impressive 18-foot clear ceiling height, ideal for warehousing or manufacturing operations. A wet sprinkler system is in place, ensuring enhanced safety and security. Convenient access is provided via one dock-high loading door. The property is situated in Shelby County, Tennessee, offering easy access to major transportation routes and amenities. This multi-tenant building presents a compelling opportunity for businesses seeking functional and well-maintained industrial space in a prime Memphis location. The zip code is 38118.

• CAP approach

  CAP return

  Valuation

  6%

  $6,062,438

  6.5%

  $5,596,097

  7%

  $5,196,376

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,100,275

  Geo Method

  $4,100,275

• Alternative Use

  Use

  Valuation

  Residential

  $5,596,097

  Hospitality

  $5,125,995

  Educational

  $4,264,768

  Medical

  $4,411,440

  Retail

  $6,634,083

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Latitude

35.0418

Longitude

-89.9001

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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