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Memphis Car Wash Investment Opportunity
For Sale
$225,000

118 TILLMAN St, Memphis, TN 38111

COMMERCIAL - Memphis, TN

Property SizeContact for details
Days on Market277

Property Features for 118 TILLMAN St

General Information

Property type Commercial Sale
Property subtype Other
Subdivision W D Jemison & Sons Tillman St
Standard status Active

Taxes and HOA fees

Tax Annual Amount 1753

Amenities

vacuum station area

Building Details

Year built 2001
Listing Agency: C21 Patterson & Assoc. Real Es
Listed By: La Choya Thompson
Added: Nov 6, 2025 Changed: Aug 4 Last Checked: Aug 10 at 10:06AM
MLS# 10209300

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This well-maintained car wash facility presents an investment opportunity in Memphis. The property is located near 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 ample lot space to facilitate customer access and circulation. The property is suitable for an owner-operator or investor looking to expand their commercial portfolio.

Key Highlights

  • High‑traffic location in Memphis with excellent visibility
  • Multiple self‑service bays and vacuum station
  • Well‑maintained facility built in 2001

Property Analytics

Current Use

Self service car ...

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Parts Store Hotel & Motel Dental Office Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,278
Businesses Nearby
55k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 54% Dining 45% Home Improvements & Furnishings 1%
McDonald's Dining
20,433 visits/mo 0.2 miles
Family Dollar Shops & Services
12,058 visits/mo 0.1 miles
XFINITY Store by Comcast Shops & Services
7,353 visits/mo 0.2 miles
Shell Shops & Services
6,160 visits/mo 0.1 miles
Lenny's Sub Shop Dining
4,405 visits/mo 0.2 miles

Demographics for 38111, TN

40,533
Population
20,084
Households
2
Avg Household Size
34
Median Age
38%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
4,136
Density / Sq Mi
$52,806
Median Household Income
$33,449
Median Earnings
$1,077
Median Rent
$165,200
Median Home Value

Market

Vacancy Rate% for Retail in Memphis, TN

6.5% 2019
6.9% 2020
6.3% 2021
4.9% 2022
5% 2023
5.2% 2024
6.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Self service car wash - Well-maintained car wash facility in a high-traffic Memphis location.
Where is this self service 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 excellent visibility; Multiple self‑service bays and vacuum station; Well‑maintained facility built in 2001
More about this property
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