1725 Shelby Oaks DrMemphis, TN 38134

Property Details for 1725 Shelby Oaks Dr

Year built

1996

Lot size

6.38 AC

Property size (Sq ft)

64,584 SF

Zone code

RU-3

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

089-044- - -00297

APU

8904400297

Description

This exceptional 38,224 square foot flex space, located at 1725 Shelby Oaks Drive in Shelby County, presents a unique opportunity for businesses seeking versatile industrial, office, or retail accommodations. The single-story building features a convenient drive-in grade-level door (with build-to-suit dock door options available), providing easy access for loading and unloading. The space boasts a 14-foot clear height, allowing for efficient storage and operations. A fully conditioned interior ensures year-round comfort. Ample parking is provided, exceeding industry standards at a ratio of 7 spaces per 1,000 square feet. The property also includes a fenced outdoor storage area, offering additional security and convenience. Its strategic location provides immediate access to I-40, ensuring seamless transportation and logistics. The electrical service is above standard, featuring 480Y/277-3 phase service with a robust 4,000 total amps. Currently, one space is available within the single building, making this an ideal solution for a variety of business needs. This property is perfect for a company seeking a functional and well-equipped space with excellent accessibility and ample parking. The combination of industrial, office, and retail suitability makes this a highly adaptable and desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $11,538,858

  6.5%

  $10,651,254

  7%

  $9,890,450

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,804,202

  Geo Method

  $7,804,202

• Alternative Use

  Use

  Valuation

  Residential

  $10,651,254

  Hospitality

  $9,756,491

  Educational

  $8,117,286

  Medical

  $8,396,452

  Retail

  $12,626,889

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Latitude

35.1734

Longitude

-89.8574

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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