490 Cat Creek Road

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490 Cat Creek Road

Memphis, TN 38109
Asking Price
$829K
Asset Type
Land
Class
Class B

What's Special

490 Cat Creek Road is situated in the southeastern industrial corridor of Memphis, Tennessee. The property is located within a heavy industrial and distribution-focused neighborhood, characterized by large-scale logistics facilities and manufacturing plants. The site offers immediate connectivity to regional transportation infrastructure, positioned less than five miles from the Interstate 240 and Interstate 55 interchange. Additionally, the property provides proximal access to the Memphis International Airport and the BNSF Railway intermodal terminal, facilitating efficient regional and national transit. The property is suited for industrial development, outdoor storage, or fleet parking operations. Its zoning and location support use cases such as logistics staging, construction equipment storage, or warehouse expansion. Typical tenants or owner-users for this asset class include third-party logistics providers, freight transportation companies, and industrial service contractors requiring secure, flat acreage near major transit hubs. The site’s configuration allows for flexible layout designs tailored to heavy vehicle maneuvering and bulk inventory management.

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NOI
$80,000
Cap Rate
9.65%
DSCR
1.63
Strong
Cash-on-Cash
12.38%
Monthly Payment
$4,101.44
Annual Cash Flow
$30,782.724

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