Industrial Property for Sale in Memphis, TN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Memphis, TN 38107
  • Size: 445,194 SF

Description

This 445,194 SF distribution facility sits on 13.77 acres in the North Memphis Industrial Area which is comprised of approximately 500 acres. Positioned just north of Downtown Memphis, the location offers easy access to major highways and interstates : I-69/I-240, I-40 and Hwy 51. It is in close proximity to the International Port of Memphis and Canadian National and CSX railyards. Built in 1965, the property has been well maintained and is in great condition. The building has been compartmentalized for cotton storage and is presently being used for that purpose.

Market Context

This industrial in Memphis, TN is listed for sale across 445,194 SF. It has been on the market for 119 days. Compare it against other industrial listings for sale in Memphis, TN — <a href="/search/sale/industrial/tennessee/memphis">view the full market</a>.

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

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

Industrial market FAQ

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

Unified Estimate

Very Low Confidence

$2.55/SF – $3.45/SF

Mid: $3.00/SF

Total estimate for 445,194 SF: $1,335,582

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.

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