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65 W Carolina Ave
Memphis, TN 38103
Industrial Property For Sale


INVESTMENT HIGHLIGHTS
- Heavy Foot Traffic
- Corner of W. Carolina and Kentucky St. (closed)
- Redevelopment opportunity
EXECUTIVE SUMMARY
This property is locally known as the "South End" of Downtown Memphis. This section of Memphis was almost exclusively warehousing, distribution and light manufacturing light manufacturing. Approx. 20 years ago, a local development group acquired one of the largest (former) foodservice distribution facilities in Memphis and began working with the City to formulate a plan that would transform this area into a urban residential neighborhood. With public improvement commitments from the City and a tremendous amount of interest from the local residential community, "South End" was redeveloped to include multi-family , high-end condominiums and zero lot homes. From ground up developments and repurposing existing buildings from industrial uses to residential. The subject tract is one of the few remaining parcels in the area that is available and suitable for redevelopment. Owner occupied facility would consider a lease under the right circumstances.
PROPERTY FACTS
AMENITIES
- Conferencing Facility
- Courtyard
- Floor Drains
- Yard
- Accent Lighting
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
PROPERTY TAXES
| Parcel Number | 01-2051-0-0016 | Improvements Assessment | $123,229 CAD |
| Land Assessment | $71,739 CAD | Total Assessment | $194,967 CAD |
PROPERTY TAXES
Parcel Number
01-2051-0-0016
Land Assessment
$71,739 CAD
Improvements Assessment
$123,229 CAD
Total Assessment
$194,967 CAD
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