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5639-5653 E Shelby Dr

19,200 SF 53% Leased Industrial Building Memphis, TN 38141 $2,036,786 CAD ($106 CAD/SF)

Investment Highlights

  • The warehouse features a 14-foot clear height, enhancing vertical storage capacity and supporting a wide range of industrial operations.
  • Positioned on 1.29 acres, the property offers easy access to major transportation routes, including BNSF and the airport, ensuring efficient logistics
  • Equipped with 5 dock-high doors and 1 dock with a ramp, the property is designed to facilitate efficient loading and unloading processes.

Executive Summary

Introducing a prime industrial property located in the heart of southeast Memphis, TN, spanning a total of 19,200 square feet. The facility is designed for versatile industrial operations, featuring 16,700 square feet of warehouse space and 2,500 square feet of office space, complete with a breakroom. The property includes 5 dock-high doors and 1 dock with a ramp, accommodating various loading and unloading needs, along with a clear height of 14 feet. Situated on 1.29 acres, it offers easy access to BNSF and the airport, enhancing logistical efficiency.
Upcoming improvements include new interior and exterior doors, updated exterior lighting, fresh exterior paint, and refurbished carpet and paint in the office areas. This property, owned and managed by Three Diamond Capital Holdings—part of Herin Family Investments—focuses on building, developing, buying, and selling industrial and commercial real estate assets. With its strategic location and planned enhancements, this facility promises excellent visibility, accessibility, and functionality for a range of industrial operations.

Property Facts

Price $2,036,786 CAD
Price Per SF $106 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Distribution
Building Class B
Lot Size 1.26 AC
Rentable Building Area 19,200 SF
No. Stories 1
Year Built/Renovated 1975/1997
Parking Ratio 1.3/1,000 SF
Clear Ceiling Height 14 ft
No. Dock-High Doors/Loading 12
No. Drive In / Grade-Level Doors 1

Amenities

  • Bus Line
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 4,560 SF
  • Industrial
  • Full Build-Out
  • Now

4,560 square-feet of industrial space located at 5639-5653 E Shelby Dr.

Space Size Space Use Condition Available
1st Floor 4,560 SF Industrial Full Build-Out Now

1st Floor

Size
4,560 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 4,560 SF
Space Use Industrial
Condition Full Build-Out
Available Now

4,560 square-feet of industrial space located at 5639-5653 E Shelby Dr.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-3623-A0-0044
Land Assessment
$46,318 CAD
Improvements Assessment
$263,574 CAD
Total Assessment
$309,892 CAD

zoning

Zoning Code I-L (Light Industrial zoning)
I-L (Light Industrial zoning)
  • Listing ID: 29771389

  • Date on Market: 2023-10-12

  • Last Updated:

  • Address: 5639-5653 E Shelby Dr, Memphis, TN 38141

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