Industrial Properties
3938 Runway Road Memphis, TN 38118
Details & Description
Price: $425,000
    Prime investment opportunity in the Memphis, TN industrial marketFreestanding industrial building 100% leased to national credit tenantFunctional metal building currently occupied by Dent WizardMinutes away from Memphis International Airport and FedEx Global Hub
    Property ID:    248931
    Property URL: melqr.com/248931
    Generated:    04-25-24
    Listing Agents
    Brian Califf

    O: 901-830-0421
    M: 901-526-3100
    bcaliff@saigcompany.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Tennessee / Memphis / 38118 / 3938 Runway Road

    3938 Runway Road

    Memphis, TN 38118

    No Longer Listed
    3938 Runway Road Memphis, TN 38118 | for Sale | Photo 1
    Price
    $ /mo
    Description

    Prime investment opportunity in the Memphis, TN industrial market

    Freestanding industrial building 100% leased to national credit tenant

    Functional metal building currently occupied by Dent Wizard

    Minutes away from Memphis International Airport and FedEx Global Hub

    Attachments & Files
    salebrochure-9-o4I-24g.pdf

    Memphis Area Market Trends

    Listing Demographics for 3938 Runway Road Memphis, TN 38118

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population3,16140,669160,209
    Population Median Age373336
    Population by Age0-9 Yrs391 (12%)6820 (16%)24681 (15%)
    10-19 Yrs449 (14%)6271 (15%)22804 (14%)
    20-29 Yrs434 (13%)6698 (16%)25158 (15%)
    30-39 Yrs338 (10%)5412 (13%)20847 (13%)
    40-49 Yrs478 (15%)4374 (10%)17961 (11%)
    50-59 Yrs587 (18%)4877 (11%)19008 (11%)
    60-69 Yrs379 (11%)4354 (10%)17854 (11%)
    70+ Yrs104 (3%)1862 (4%)11897 (7%)
    Median HH Income$41,612$33,931$36,530
    Total Household Income< 24K377 (33%)5537 (38%)20259 (35%)
    25-49K331 (28%)4470 (30%)16825 (29%)
    50-74K158 (13%)2267 (15%)9928 (17%)
    75-99K163 (14%)1127 (7%)5231 (9%)
    100-199K112 (9%)989 (6%)4954 (8%)
    200K+1 (0%)104 (0%)615 (1%)
    Highest Education LevelNo Diploma346457317787
    Diploma or GED835938536593
    Some College372621625799
    Assoc. Degree9813406185
    Bachelors Degree32620379886
    Higher Degree538364827
    Total Housing Units1,45419,80372,953
    --Owner-Occupied7845,83028,075
    --Renter-Occupied3588,66329,737
    Owner-Occupied Values< 100K655451119764
    100-199K10411796821
    200-299K1751022
    300-399K1239271
    400-499K0337
    500K+1224161
    Total Working Age Population2,60230,085121,762
    In Work Force1,56019,16475,253
    Not In Work Force1,04310,92146,509
    Workforce Employed1,41717,09466,835
    Workforce Unemployed1422,0718,377
    Civlian Workforce1,56019,16475,212
    Military Workforce0041
    Total Households1,14214,49457,812
    Family Households7529,22935,953
    Non-Family Households3905,26521,859
    Married Couple3433,43315,248
    Other Family4095,79620,706
    Married w/Child931,0415,266
    Single Male w/Child04481,872
    Single Female w/Child1672,8188,694

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Mississippi2,844,658+42,967,297+33,066,382+13,104,159
    DeSoto County107,199+50161,252+9175,321+5184,201
    Tennessee5,689,283+126,346,105+96,886,369+77,393,069
    Shelby County897,472+3927,644+1940,109+2956,754

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 3938 Runway Road in Memphis?
    The asking price for 3938 Runway Road is $425,000
    What is the building size of this Industrial property in Memphis, TN?
    The size of the building/unit at 3938 Runway Road in Memphis is 10,200 square feet
    How much land does the Memphis, TN property at 3938 Runway Road include?
    3938 Runway Road in Memphis includes 0.763 acres of land
    What kind of Industrial is the propery at 3938 Runway Road?
    The property at 3938 Runway Road Memphis, TN 38118 is listed as a Flex-Office-Warehouse Industrial property
    What is the population within 1 mile of 3938 Runway Road in Memphis?
    The population within 1 mile of 3938 Runway Road Memphis, TN 38118 is 3,161 people.
    Who do I contact for questions about 3938 Runway Road?
    You should contact the listing agent, Brian Califf, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Memphis International Airport (MEM) 1
    Bill & Hillary Clinton National Airport/Adams Field (LIT) 130
    Huntsville International Carl T Jones Field (HSV) 183
    --
    No Longer Listed
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