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Commercial Land for Sale in Memphis, Tennessee

5585 E Shelby Dr, Memphis, TN 38141

$5,950,000
2.27 acres
Active sale
ago
Est $34,924/mo

Avison Young, as exclusive advisor to the owner, is pleased to offer for sale 5585 E. Shelby Drive, a 98,949-square-foot freestanding distribution facility on 7.66 acres in the Southeast industrial submarket of Memphis, Tennessee. Developed by Weston Companies and occupied for more than two decades by a single consumer-products user, the building has been continuously maintained to FDA standards for the receipt, storage and fulfillment of nutritional products. The owner is consolidating distribution with a third-party logistics provider and will deliver the Property vacant, clean and ready for a new operator.

The facility pairs a 22’-clear, fully sprinklered warehouse with a 33,264-square-foot conditioned storage block finished with a ceiling grid at the clear height; separate receiving and shipping docks on two walls, each served by its own truck court off Distribution Drive; a two-story headquarters-quality office fronting Shelby Drive; a 400 kVA standby generator; and a TPO roof replaced in 2025. At roughly 30% site coverage on a 600’ × 559’ parcel, there is room to add loading, expand the building, or dedicate the ±2.7-acre rear yard to trailer or outdoor storage.

  • Move-in ready, maintained to FDA standards
  • TPO roof replaced in 2025 and recently painted warehouse with sealed floors
  • Fully sprinklered with post-indicator valves and fire department connection
  • Type II construction, S-2 storage occupancy with accessory B office
  • ± 33,000 sf of conditioned storage isolated from ambient warehouse by full-height demising walls and 10' x 10' vertical-lift traffic doors
  • Built for temperature-sensitive inventory
  • Separated flow, two truck courts, two streets: receiving docks on the south wall and shipping docks on the west wall, each with its own truck court and curb cut
  • Receiving and shipping docks located on Distribution Drive
  • Employee and visitor traffic entrance located on Shelby Drive
  • South dock: three 8' x 10' vertical-lift doors on 20' centers with 25,000 lb Kelley pit levelers, dock seals and bumpers, plus a 12' x 12' drive-in ramp door, heavy duty asphalt court ±199' deep on a soil cement base with a 6" reinforced concrete apron
  • West dock: four dock-high positions and a drive-in ramp door behind a ± 200' deep court with 19 employee spaces at the far edge
  • 7.66 acres in the center of the Southeast submarket
  • 600' x 599' parcel, ± 30% building coverage
  • ± 2.7 acres of open rear yard along Distribution Drive for expansion, trailer parking or outdoor storage
  • 30-space front lot, 19-space west lot and a rear paved lot
  • Located between Lamar Avenue / US-78 and the BNSF Memphis Intermodal Facility
  • Minutes to 1-240, Memphis International Airport, the FedEx World Hub and the UPS hub
  • Southeast is the metro's largest industrial submarket (116 MSF, 8.0% vacancy)
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Sq feet

Location

Street address
5585 E Shelby Dr
Zip code
38141
Elevation
328 feet
Coordinates
35.0197, -89.8768

Property details

Acreage
2.272 acres
Source
SharpLaunch
Posted

Listing history

DateEventPriceChangeSource
Oct 7, 2026New listing$5,950,000—SharpLaunch
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This 2.272-acre property is located at 5585 E Shelby Dr in Memphis, TN 38141. The property is available for sale, priced at $5,950,000. It has a structure.

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