6504 E Raines Road - sold for $1.4 million. Kirby Raines Self Storage LLC bought it from Kirby Raines Partners. Deal closed 15-July-2008. 27,030 sq feet (according to article in The Memphis News July 30 - Aug 6 but is way too low) on 3.73 acres. Built in 1995.
Price works out to be $51.79 per foot at above footage . I measured bldgs on maps.live.com and got approx 51,000 sq ft. That would be more like $27.45 per foot. Land area is 162,261 according to Shelby County assessor's website.
Site is on website of Absolute Storage Management Inc. Michael Haugh is partner in ASM.
www.absolutemgmt.com
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