5180 Crestview Road

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7/20/2016

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5180 Crestview Road - Memphis, TN 38134 - 7.01 Acres

For Sale

5180 Crestview Road | Memphis, TN 38134

POTENTIAL HEADQUARTERS FOR LOCAL OR REGIONAL USER

Multi-Family & Commercial Real Estate

FOR INFORMATION CONTACT: 50 ft

Imagery ©2016 Google, Map data ©2016 Google

Unique commercial property in Northeast Memphis includes office building, industrial building, and two detached canopies on approximately 7.01 acres. Potential exists to further develop for alternative uses. Conveniently located at https://www.google.com/maps/@35.1691467,­89.8914483,340a,20y,41.61t/data=!3m1!1e3 the intersection of Crestview Drive and Thomas Road, close to Covington Pike, I-40 and I-240.

Roger McLemore Vice President 901.507.3428 [email protected]

AMENITIES $540,000 asking price. Approximately 7.01 acres. Two open-wall covered canopies with concrete pads (approx. 7,200 SF each) with clear height for machinery. Residential-style office building (approx. 4,800 SF) with separate entrance and parking area. Office features nice reception area, many private offices conference room, and break area, and large back porch overlooking scenic, shallow lake that can remain or be filled in. Industrial warehouse/shop area (approx. 6,000 SF) with gated access from office area, large outdoor area for maintenance of machinery and adjacent covered storage. Shop has additional office area for maintenance staff and break area for employees. Ample excess parking area on lot for vehicles or machinery storage. Electric 10-foot security fence encompasses all buildings.

Makowsky Ringel Greenberg, LLC 1010 June Road, Suite 200 P.O. Box 241990 Memphis, TN 38124 Phone: 901.683.2220 Fax: 901.507.3440 www.mrgmemphis.com/commercial

All information deemed reliable but not warranted.

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5180 Crestview Road

Crestview Dr - Google Maps

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Crestview Dr

Image capture: Mar 2012

https://www.google.com/maps/@35.1711393,-89.8910502,3a,75.3y,340.05h,82.83t/data=!3m6!1e1!3m4!1srFx9J3SuzDCslDsSFrL4Sw!2e0!7i13...

Source: ©2016 Esri

July 21, 2016 ©2016 Esri

Makowsky Ringel Greenberg, LLC 1010 June Road, Suite 200 P.O. Box 241990 Memphis, TN 38124 Phone: 901.683.2220 Fax: 901.507.3440

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Multi-Family & Commercial Real Estate

© 2016 Google

6/21/2016

ew Dr

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5180 Crestview Road

Image capture: Mar 2012

© 2016 Google

5.1711684,-89.8919654,3a,49.4y,3.82h,84.89t/data=!3m6!1e1!3m4!1se2-isVWRzj1GxRoN-...

6/21/2016

2016 Summary

1 mile

3 miles

5 miles

Population

2,222

79,241

202,514

Households

847

28,804

77,615

Average Houshold Income

$58,315

$58,550

$70,005

Median Household Income

$42,239

$42,267

$48,866

VPD: Covington Pike at Pleasant View: 40,193

Makowsky Ringel Greenberg, LLC 1010 June Road, Suite 200 P.O. Box 241990 Memphis, TN 38124 Phone: 901.683.2220 Fax: 901.507.3440

Multi-Family & Commercial Real Estate