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    3510 N Watkins St Memphis, TN 38127

    For Sale
    $195,000

    Commercial - Memphis, TN

    Days on Market:
    121
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 3510 N Watkins St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CMU1

    Building Details

    Year built
    1977
    Architectural style
    Other

    eXp Realty LLC (888) 519-5113 [email protected]

    Listing agent Michael Valenza (888) 519-5113

    Listing date Aug 7, 2025

    MLS# 10202989 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

    Frayser Commercial Space For Sale

    This commercial property offers over 2,300 square feet of CMU-1 zoned space in a high-traffic, high-visibility area of Frayser, Memphis. The property is fully tenanted and cash-flowing, presenting potential for investors or owner-users. The interior was fully remodeled within the past 11 years, the roof replaced within the last 8 years, and a new AC condenser added in the last 3 years. The versatile layout includes a spacious high-ceiling rear area, multiple front offices, a kitchen, and storage. It is located on N Watkins near other businesses and residential neighborhoods with strong local demographics. The property is suitable for retail, office, or service-based use. Drive-by visibility, convenient parking, and updated systems contribute to making this a turnkey property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Power of God Ministries Church

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0028987
    Latitude
    35.2213003

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    FAQs

    What type of property is this?
    Retail property - CMU-1 zoned commercial space in high-traffic Frayser area.
    Where is this retail property located?
    The property is located at 3510 N Watkins St Memphis, TN.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: - Fully tenanted and cash-flowing commercial space.; - High-traffic, high-visibility location in Frayser.; - CMU-1 zoning allows for versatile retail, office, or service-based use.
    (888) 519-5113
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    3510 N Watkins St Memphis, TN 38127
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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
    3510 N Watkins St Memphis, TN 38127
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