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2472 Southern Ave
Memphis, TN 38111 Chickasaw Gardens

$3,100,000 USD

Self Storage For Sale  •  34,157 SF

Property Details

• Property Type Self Storage
• Total Building Size 34,357 SF
• Lot Size 2.61 AC
• Building Class B
• Year Built 1963
• Cap Rate 7.53 %
• Zoning IL

31 Transit Score

42 Walk Score

Highlights

HUGE PRICE REDUCTION!!!

LOCATION! LOCATION!! LOCATION!!! Borders Liberty Bowl, Kroc Center, Tiger Lane, new 227k sqft sports complex & much more!!!

Surrounded by Liberty Park in which half a Billion dollars currently being spent on new development! (See Brochure.)

Significant room to Increase Occupancy & Income Immediately!!! (Brochure contains past 3 years financials and Occupancy)

Property Flyers

Fairgrounds Financials thru OCT 2025 - 11-24-25

Cap Rate:

7.53 %

Amenities

• Bus Line
• Property Manager on Site
• Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
Central Station (Riverfront Loop - Memphis Area Transit Authority Trolley (MataTrolley))	10 min	-	5.5 mi
Airport	Drive	Walk	Distance
Memphis International	10 min	-	6.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes