Drug Store

Memphis, TX Drug Stores for Sale

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Downtown Drug Store Building
Updated: Aug 23
Downtown Drug Store Building

506 W Noel Street, Memphis, TX 79245

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4,999 sqft
4,999‑square‑foot commercial property
Built in 1940
Current home of Memphis Pharmacy
Located on the town square in Memphis, TX
506 W Noel Street address
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Memphis, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Four-Suite Shopping Center
Four-Suite Shopping Center

1612 9TH STREET, Wichita Falls, TX 76301

$815,000
9,900 sqft

Multi-suite commercial center in Wichita Falls’ medical district with NNN leases and supplemental storage and office areas.

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Freestanding CVS with Drive-Thru
Freestanding CVS with Drive-Thru

3201 Seymour Hwy, Wichita Falls, TX 76309

Contact for pricing
11,062 sqft 2.09 AC lot

Vacant former CVS built in 2000 offers 11,062 SF with drive-thru lanes on 2.09 acres.

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Walgreens Drug Store
Walgreens Drug Store

2601 S Georgia St, Amarillo, TX 79109

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14,490 sqft

Retail property built in 2001 with an established drug-store format.

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Walgreens Drug Store
Walgreens Drug Store

3320 Bell St, Amarillo, TX 79106

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15,120 sqft

Built in 2001, the property provides a dedicated format for pharmacy-oriented retail.

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Memphis, TX Drug Stores Market Trends and Statistics

Explore 1 drug stores for sale in Memphis, TX on our real estate platform. These investment opportunities span a total of 4,999 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 2
Auto shops 1
Automotive properties 1
Drug stores 1

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 $328K

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%

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