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$1,169,000

  • For Sale
  • Active
  • Warehouse
  • 2,400 Sq. Ft.
  • 0.138 Acres
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Positioned in Dallas' Medical District (75235) and bordering the vibrant Design District, 4840 Memphis Street blends industrial character with upgraded infrastructure-ideal for creative office, showroom, studio, or boutique commercial use. Recent improvements include new plumbing and HVAC, updated 3-phase power, fresh paint throughout, and a new bay door. A turfed rear area offers flexible outdoor space, while the gated driveway enhances privacy and security. With direct access to Inwood Road, I-35E, Love Field, Oak Lawn, and Downtown Dallas, the location supports both convenience and visibility. The property is currently leased, providing income while preserving long-term repositioning potential.

Full Property Details for 4840 Memphis St

General

  • Price: $1,169,000
  • Taxes: $8,547
  • Status: Active
  • Type: Warehouse
  • Source: NTREIS
  • MLS ID: 21189922
  • Updated: 4/19/2026
  • Added to Site: 167 day(s) ago

Business

  • Business Type: Commercial, Industrial, Warehouse, Storage

Interior

  • Flooring: Concrete

Parking

  • Parking Features: Driveway, Open, Parking Lot, On Street

Location

  • County: Dallas
  • Subdivision: Hampton & Indust
  • Driving Directions: From Inwood Rd. going south past Stemmons Frwy., turn east onto Lupo Dr.. Then turn south onto Memphis. Building will be the first building on the east side across from the auto shop.

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available

Structural Information

  • Detached/Attached: Detached
  • Construction: Brick
  • Roof: Flat
  • Stories/Levels: 1
  • Square Feet: 2,400
  • Sq. Ft. Source: Public Records
  • Year Built: 1969

Lot Features

  • Lot Size (Acres): 0.138
  • Lot Size (Sq. Ft.): 6,011.28
  • Lot Size Source: Other
  • Lot Dimensions: 50 x 120
  • Sidewalks: Yes
  • Lot Features: Interior Lot, Irregular Lot
  • Potential Use: Industrial
  • Zoning: Industrial, Warehouse

Financial Considerations

  • Tax Amount: $8,547
  • Terms: Cash, 1031 Exchange
  • Owner Pays: Taxes
  • Tenant Pays: All Utilities, Exterior Maintenance, Janitorial Service, Pest Control, Repairs

Disclosures and Reports

  • Documents Avail.: Aerial, Survey
  • Legal Description: HAMPTON & INDUSTRIAL BLK 5/8570 LT 11
  • Inclusions: Building Only
  • Property ID: 814628300000
  • Block: 58570
  • Lot Number: 11

Listed by Compass RE Texas, LLC., Angela Downes

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Listing agent

— 4840 Memphis St —

  • Angela Downes

    Compass RE Texas, LLC.

214-505-4289

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4840 Memphis St

School District:Dallas Independent School District
NameGradesDistance
Maple Lawn Elementary School
3120 Inwood Road, Dallas, TX 75235
PK-51.8 mi
Thomas J Rusk Middle School
2929 Inwood Road, Dallas, TX 75235
6-81.6 mi
North Dallas High School
3120 North Haskell Avenue, Dallas, TX 75204
9-123.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4840 Memphis St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/19/2026
Price Increased
$1,169,000
6.27%
MLS
2/25/2026
Listed
$1,100,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4840 Memphis St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,902
—
$560,000
14%
2025
$10,902
-3%
$489,600
—
2024
$11,235
5%
$489,600
5%
2023
$10,740
10%
$468,000
20%
2022
$9,760
14%
$388,800
20%
2021
$8,547
3%
$324,000
6%
2020
$8,262
115%
$304,560
117%
2019
$3,838
-4%
$140,400
—
2018
$3,995
18%
$140,400
12%
2017
$3,399
—
$125,000
—
2016
$3,399
29%
$125,000
30%
2015
$2,632
—
$96,000
—
2014
$2,624
4%
$96,000
4%
2013
$2,514
—
$92,340
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Compass RE Texas, LLC., Angela Downes

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4840 Memphis Street, Dallas, TX 75207 (MLS# 21189922) is a Warehouse property. 4840 Memphis Street is currently listed for $1,169,000 and was received on February 25, 2026. Want to learn more about 4840 Memphis Street? Do you have questions about finding other Warehouse real estate for sale in Dallas? You can browse all Dallas real estate or contact a Coldwell Banker agent to request more information.

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