Drug Store

Memphis, TN Drug Stores for Sale

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Southaven, MS Olive Branch, MS Horn Lake, MS Nesbit, MS Piperton, TN Lake Cormorant, MS Cordova, TN Byhalia, MS
Memphis Retail Building with Drive-Thru
Updated: Feb 27
Memphis Retail Building with Drive-Thru

3500 Ramill Rd, Memphis, TN 38128

Contact for pricing
11,122 sqft 1.84 AC lot
High‑traffic location at a signalized hard‑corner intersection (46,000+ vehicles per day)
Below‑replacement cost price of $900,000
11,122 SF free‑standing retail building on 1.84 acres with redevelopment potential
Rare drive‑thru feature, suitable for various tenants
Flexible conversion options: multi‑tenant, owner‑user, or single‑tenant
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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1 active listing matches your search: Drug Store for sale in Memphis, TN. Based on your search, we've also compiled 6 Potential Opportunities for your consideration: 4 properties in nearby cities, 1 off-market property to explore as potential leads, and 1 land listing with development potential.

Opportunities in Nearby Cities

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

Pharmacy Retail Building
Pharmacy Retail Building

409 Court St, Wickliffe, KY 42087

$149,000
3,400 sqft

Former pharmacy property with shelving available and direct positioning across from a courthouse and FCB Bank.

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Brick Storefront Property
Brick Storefront Property

451 Court St, Wickliffe, KY 42087

$175,000
1,520 sqft

Built in 2011, the property offers a retail-oriented building with prior pharmacy use across from the courthouse.

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Mixed-Use Property with Two Commercial Spaces
Mixed-Use Property with Two Commercial Spaces

1013 North Cedar Street, Bismarck, MO 63624

Contact for pricing
4,000 sqft

2012-built commercial property combines occupied business suites, an apartment, and finished storage space.

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Mixed-Use Property with Commercial Suites
Mixed-Use Property with Commercial Suites

1013 N Cedar Street #A & B, Bismarck, MO 63624

$524,900
4,000 sqft

Two occupied business spaces sit alongside an apartment and finished storage area.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Office/Commercial Land with Building
Office/Commercial Land with Building

4900 CUBA-MILLINGTON Rd, Millington, TN 38053

$340,000
Built 1973

O zoning accommodates office, retail, dining, and a range of personal and business services.

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Off-Market Properties in Memphis, TN

Consider similar Off-Market properties in Memphis, TN. 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.

5247 Airways Blvd
Individual retail properties

5247 Airways Blvd, Memphis, TN 38116

Estimated value: by Request
49,287 sqft
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Memphis, TN Drug Stores Market Trends and Statistics

Explore 2 drug stores for sale in Memphis, TN on our real estate platform. These investment opportunities span a total of 11,122 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 102
Storefront properties 67
Automotive properties 25
Showrooms 16
Auto shops 15

Demographics Overview

Population 718K
Population Growth (5Y) -3.1%
Median Household Income $61,271
College Educated 18.4%

Taxes & Financing

Tax Rate (average for all types) 5.80%
Property Tax per SF $85.96 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Shelby County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Memphis fall within the 100,000+ square foot range.

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