Memphis, TX Commercial Real Estate for Sale

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High-Visibility Commercial Building
Updated: Jul 11
High-Visibility Commercial Building

1500 N Boykin Drive, Memphis, TX 79245

$145,000
7,650 sqft 0.65 AC lot
Commercial property on US Highway 287 in Memphis, Texas, with frontage along the highway and high visibility.
Approximately 0.6511 acres with a large building plus an expansive asphalt parking area for convenient on‑site access.
Built‑up roof and central air conditioning.
Tenant occupied on a month‑to‑month basis; tenant anticipating vacating by September 1, 2026.
Building has supported multiple uses, including retail operations, a professional training facility (offices and conference rooms), storage, and a house of worship.
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Memphis Commercial Building Opportunity Zone
Updated: Oct 3, 2025
Memphis Commercial Building Opportunity Zone

701 W Robertson Street, Memphis, TX 79245

$65,000
7,000 sqft 0.16 AC lot
Prime location in a designated Opportunity Zone, offering potential tax benefits and investment incentives.
Excellent visibility and accessibility on a corner lot near the historic downtown square and next to the Memphis Fire Department.
Versatile layout with front office/showroom space and three separate sections in the back, suitable for multiple business uses.
Four garage doors along 7th St. plus one additional garage door off the alley, providing ample access and storage options.
Ample space for retail, service, storage, or mixed‑use potential, allowing for flexible business operations.
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Established Restaurant in Memphis, Texas
Established Restaurant in Memphis, Texas

1022 Boykin Drive, Memphis, TX 79245

$1,900,000

Well-established restaurant with highway frontage in Memphis, Texas.

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Corner Retail Building with Offices
Corner Retail Building with Offices

603 W Main Street, Memphis, TX 79245

$129,000
7,000 sqft

Corner retail building offers two large rooms plus an office area and bathroom.

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Ranch Land in Memphis, Texas
Ranch Land in Memphis, Texas

FM 1041, Memphis, TX 79245

$1,115,550
603.96 AC lot

603.96-acre ranch featuring cattle facilities and hunting opportunities.

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Memphis, TX Tire Shop
Memphis, TX Tire Shop

1010 Boykin Drive, Memphis, TX 79245

$150,000

Operating tire shop on a busy highway frontage.

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Downtown Memphis Commercial Opportunity
Downtown Memphis Commercial Opportunity

116 S 5th Street, Memphis, TX 79245

$40,000
0.07 AC lot

Commercial property in downtown Memphis, TX, with flexible layout.

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Commercial Building on Highway Frontage
Commercial Building on Highway Frontage

1313 Boykin Dr., Memphis, TX 79245

$79,500

Commercial building with highway frontage, suitable for various businesses.

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Historic Hotel with Owner Apartment
Historic Hotel with Owner Apartment

421 W Main Street, Memphis, TX 79245

$295,000

Historic hotel building includes a new premier roof and requires total restoration, with room count targeted at completion.

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Highway-Front Recreation Land
Highway-Front Recreation Land

1315 N.Boykin(US-HIGHWAY287), Memphis, TX 79245

$200,000
1.50 AC lot

Commercial land with utilities and curb cuts in place, divided into three parcels, and located directly on Highway 287.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 10 Active listings in Memphis, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

3331 E 2nd Street, Clarendon, TX 79226

$240,000
4.98 AC lot

Versatile out-of-city-limit acreage with Highway frontage and on-site utilities for a range of development plans.

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Commercial Land on 1.46 Acres
Commercial Land on 1.46 Acres

3327 E 2nd Street, Clarendon, TX 79226

$125,000
1.46 AC lot

Commercial property with highway frontage and established utilities.

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Recreational Hunting Ranch
Recreational Hunting Ranch

CR 6, Childress, TX 79201

$832,000
260.00 AC lot

Southwest Childress County ranch with spring-fed pond, creek bottom timber, and tower blinds ready for immediate hunting use.

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Texas Panhandle Hunting and Recreation
Texas Panhandle Hunting and Recreation

2511 FM 1438, Childress, TX 79201

Contact for pricing

Recreational land with hunting cabin, metal shed, and pens.

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Off-Market Properties in Memphis, TX

Consider similar Off-Market properties in Memphis, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

512 Main St
Retirement homes

512 Main St, Memphis, TX 79245

Value Estimation by Request
12,000 sqft 2.00 AC lot
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1313 Boykin Dr. Dr
Commercial real estate

1313 Boykin Dr. Dr, Memphis, TX 79245

Value Estimation by Request
View details
92 Blk 9
Farms

92 Blk 9, Memphis, TX 79201

Value Estimation by Request
1,528.00 AC lot
View details
121 5Th St
Commercial real estate

121 5Th St, Memphis, TX 79245

Value Estimation by Request
View details
1022 Boykin Dr
Restaurants

1022 Boykin Dr, Memphis, TX 79245

Value Estimation by Request
View details
1022 Boykin Dr
Commercial real estate

1022 Boykin Dr, Memphis, TX 79245

Value Estimation by Request
View details
701 Robertson St
COMMERCIAL (GENERAL)

701 Robertson St, Memphis, TX 79245

Value Estimation by Request
7,000 sqft 0.16 AC lot
View details
Hwy 256th W Noel
COMMERCIAL (GENERAL)

Hwy 256th W Noel, Memphis, TX 79245

Value Estimation by Request
585 sqft 0.78 AC lot
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922 Noel St
COMMERCIAL (GENERAL)

922 Noel St, Memphis, TX 79245

Value Estimation by Request
792 sqft 0.24 AC lot
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1209 Noel St
COMMERCIAL (GENERAL)

1209 Noel St, Memphis, TX 79245-3138

Value Estimation by Request
17,188 sqft 0.48 AC lot
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1419 Noel St
COMMERCIAL (GENERAL)

1419 Noel St, Memphis, TX 79245-3107

$1,385,000
Estimated value
22,616 sqft 0.64 AC lot
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512 Noel St
COMMERCIAL (GENERAL)

512 Noel St, Memphis, TX 79245-3328

Value Estimation by Request
6,550 sqft 0.16 AC lot
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500 Noel St
COMMERCIAL (GENERAL)

500 Noel St, Memphis, TX 79245-3328

Value Estimation by Request
3,592 sqft 0.08 AC lot
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600 Noel St
COMMERCIAL (GENERAL)

600 Noel St, Memphis, TX 79245-3330

Value Estimation by Request
2,831 sqft 0.06 AC lot
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Memphis, TX Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Memphis, TX, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 21,650 square feet of properties for sale, with an estimated market value of $4,119,050.

Sale prices for business properties in Memphis, TX start at $40,000, averaging $411,905, and reaching up to $1,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 2,291
Population Growth (5Y) -4.5%
Median Household Income $46,667
College Educated 21.7%

High-Yield Neighborhoods for Investment

Identify Memphis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
79245 $369.1K

Taxes & Financing

Tax Rate (average for all types) 2.07%
Property Tax per SF $24.35 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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