1300 Shelby DrMemphis, TN 38116

  • Hospitality properties
  • 148,249 SF
For Sale
$1,000,000 View listing

Property Details for 1300 Shelby Dr

Year built
1966
Lot size
12.59 AC
Property size (Sq ft)
148,249 SF
Zone code
CMU-2
Property type
Hospitality properties
Property subtype
Hotels
APN
079-061- - -00187
APU
7906100187

Description

This exceptional 147,900-square-foot property, a former Macy's, offers a rare opportunity for lease in Memphis, Tennessee. Located at 1300 E Shelby Dr, this Class B building boasts a prime location, situated on a 12-acre lot with 300 feet of frontage on E Shelby Drive, a high-traffic area (21,241 VPD). Less than a mile from I-55 and Memphis International Airport, this strategically positioned space benefits from excellent visibility and accessibility. Recently renovated in 2024, the building features one two-story structure with a 16-foot ceiling height on the first floor (approximately 132,900 SF) and a 15,000 SF second floor. The property includes four loading docks with four dock-high doors, ample power, and a sprinkler system. Its zoning is commercial, and the APN is 07906100187. Built in 1966, this adaptable space is ideal for a variety of retail or industrial uses. The property's proximity to established businesses like Starbucks, Guthrie's, AutoZone, and Foot Locker, further enhances its appeal. The landlord is open to tenant improvements to customize the space to meet specific needs. This is a truly unique opportunity to secure a large, well-located space at a competitive rate.

1300 Shelby Dr, Memphis, Tennessee

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.0195
Longitude
-90.0195
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
$29,240
$436,480
$43,520
$480,000
-
$1,091,200
$108,800
$1,200,000

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