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5239 & 5251 S 3rd St 2 biens • À vendre 2 037 180 $ CAD • Memphis, TN
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Faits saillants de l'investissement
- 200+ parking spaces
- High visibility and signalized access potential (buyer to verify)
- Infill location with regional connectivity
- Large, contiguous parcels with ample surface parking
- Diverse allowable use profile (buyer to verify zoning)
Résumé de l'annonce
Value-Add / Redevelopment Opportunity – South Memphis
Investment Summary
Institutional-quality opportunity to acquire two contiguous commercial assets positioned along a high-traffic corridor in South Memphis. The properties offer scale, frontage, and flexible redevelopment potential, supported by proximity to one of the nation’s most critical logistics markets.
The site is well-suited for value-add repositioning, ground-up redevelopment, or long-term hold with multiple exit strategies.
Market & Logistics Fundamentals
Frontage on U.S. Highway 61 (The Blues Highway)
Located within 10 miles of the Port of Memphis, BNSF Railyard, and Memphis International Airport
Memphis serves as a top-tier national distribution hub
Ability to reach ~75% of the U.S. population within two days
Strong daily traffic counts support retail, service, or mixed-use demand
Potential Strategies
Retail or Service-Oriented Redevelopment
Hospitality or Short-Term Stay
EV Charging / Fleet Services
Industrial Service or Last-Mile Support
Mixed-Use or Multifamily (subject to zoning)
Investment Summary
Institutional-quality opportunity to acquire two contiguous commercial assets positioned along a high-traffic corridor in South Memphis. The properties offer scale, frontage, and flexible redevelopment potential, supported by proximity to one of the nation’s most critical logistics markets.
The site is well-suited for value-add repositioning, ground-up redevelopment, or long-term hold with multiple exit strategies.
Market & Logistics Fundamentals
Frontage on U.S. Highway 61 (The Blues Highway)
Located within 10 miles of the Port of Memphis, BNSF Railyard, and Memphis International Airport
Memphis serves as a top-tier national distribution hub
Ability to reach ~75% of the U.S. population within two days
Strong daily traffic counts support retail, service, or mixed-use demand
Potential Strategies
Retail or Service-Oriented Redevelopment
Hospitality or Short-Term Stay
EV Charging / Fleet Services
Industrial Service or Last-Mile Support
Mixed-Use or Multifamily (subject to zoning)
Faits sur la propriété
| Prix | 2 037 180 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 415,75 $ CAD / pi² | Individuellement en vente | 0 |
| Condition de vente | Projet de redéveloppement | Taille totale du bâtiment | 4 900 pi² |
| Type de vente | Investissement ou propriétaire utilisateur | Superficie totale du terrain | 1,24 AC |
| Statut | Actif |
| Prix | 2 037 180 $ CAD |
| Prix/pi² | 415,75 $ CAD / pi² |
| Condition de vente | Projet de redéveloppement |
| Type de vente | Investissement ou propriétaire utilisateur |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 4 900 pi² |
| Superficie totale du terrain | 1,24 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 5239 S 3rd St, Memphis, TN 38109 | Bureau | 900 pi² | 1946 | - |
| 5251 S 3rd St, Memphis, TN 38109 | Commerce de détail | 4 000 pi² | 1949 | - |
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5239 & 5251 S 3rd St
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