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    118 Tillman St Memphis, TN 38111

    Picture of Car washes at Tillman St 118, Memphis, TN
    For Sale
    $225,000

    Commercial - Memphis, TN

    Days on Market:
    29
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 118 Tillman St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Year built
    2001
    Architectural style
    Other

    PATTERSON HOMES REAL ESTATE CO (901) 568-0805 [email protected]

    Listing agent La Choya Thompson (901) 701-1064

    Listing date Nov 7, 2025

    MLS# 10209300 Listing URL

    Copyright © 2025 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Car Wash in Memphis

    This well-maintained car wash facility presents an investment opportunity in Memphis. The property is located minutes from major thoroughfares, surrounded by high-traffic residential and commercial areas, offering visibility and customer flow. The site includes multiple self-service bays, a vacuum station area, and lot space for customer access and circulation. The property is suitable for an owner-operator or investor looking to expand their commercial portfolio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self service car ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9623663
    Latitude
    35.1350167

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    FAQs

    What type of property is this?
    Car wash - Well-maintained car wash facility in high-traffic Memphis location.
    Where is this car wash located?
    The property is located at 118 Tillman St Memphis, TN.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - High-traffic location in Memphis with exceptional visibility.; - Established car wash business with steady customer flow.; - Multiple self-service bays and vacuum station.
    (901) 701-1064
    Request Owner's contact information
    118 Tillman St Memphis, TN 38111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    118 Tillman St Memphis, TN 38111
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