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    2453 Elvis Presley Blvd Memphis, TN 38106

    Sponsored
    For Sale
    $330,000

    Commercial - Memphis, TN

    Days on Market:
    12
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 2453 Elvis Presley Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Year built
    1949
    Architectural style
    Other

    KELLER WILLIAMS® (901) 221-5100 [email protected]

    Listing agent Caleb Hall (901) 221-5100

    Listing date Dec 25, 2025

    MLS# 10174310 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

    Commercial Property on Large Lot

    This commercial property presents an opportunity with potential for dual income streams. The property was previously configured with one side operating as a bar and the other as a cleaners. The layout is already divided to allow for an owner-occupied business alongside a tenant-occupied space. The property is situated on a lot exceeding one acre in size and is located in Memphis, TN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0197479
    Latitude
    35.0783325

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    FAQs

    What type of property is this?
    Storefront property - Commercial property with tenant income potential on over one acre.
    Where is this storefront property located?
    The property is located at 2453 Elvis Presley Blvd Memphis, TN.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: - Opportunity to own a property with dual income potential.; - Property is already split into two units: **one previously a bar, the other a cleaners.**; - Tenant income can offset mortgage/ownership costs.
    (901) 221-5100
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    2453 Elvis Presley Blvd Memphis, TN 38106
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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
    2453 Elvis Presley Blvd Memphis, TN 38106
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