Industrial

3530 E Raines

3530 e raines, memphis, TN 38118

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Very Low Confidence

Low

$2.55/SF

Mid

$3.00/SF

High

$3.45/SF

Tier Used

peer_city_transfer

Transferred from peer market chicago (similarity: 100%) with 12 comparable listings.

Peer market: chicago (100% similarity)

Tier Resolution Trace

Tier 1insufficient_data

Tier 2insufficient_data

Tier 3insufficient_data

Tier 4successselected

Cost Breakdown

Component	Value	Detail	Source
Base Rent	$3.00/SF	—	peer_city_transfer
Utilities	—	3.4¢/kWh	OpenEI URDB
Property Tax	—	0.0% eff. rate	API Ninjas
Labor Index	—	$1409/wk	BLS QCEW

Source Provenance (1)

Source	Type	Count	Year	Freshness	Peer
Peer City Transfer	economic_similarity	12	—	real-time	chicago (100%)

Data sources used

peer_city_transfer

Description

3530 E Raines | 179,585 SF Available

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

3530 e raines, memphis, TN 38118

Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2026, the Memphis industrial market showed rents up 5.0% year over year, and cap rates around 16.0%. Source: multiple brokerages Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Compare it against other industrial listings for sale in Memphis, TN to benchmark pricing and space — view the full market.

Industrial market FAQ

What is the typical cap rate for industrial in Memphis?: About 16.0% as of Q1 2026, per multiple brokerages.

Unified Estimate

Very Low Confidence

$2.55/SF-$3.45/SF

Mid: $3.00/SF

Cost-of-business estimate only; rate estimator unavailable.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market chicago (similarity: 100%) with 12 comparable listings.