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    3666 N Watkins St Memphis, TN 38127

    For Sale
    $950,000

    Commercial - Memphis, TN

    Days on Market:
    110
    Last Refresh:
    Dec 14 at 7:06 am

    Property Features for 3666 N Watkins St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Year built
    1960
    Architectural style
    Other

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

    Listing agent Kenneth Woods (888) 519-5113

    Listing date Aug 27, 2025

    MLS# 10201287 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 Retail Heartbeat Opportunity

    The Georgian Hills Shopping Center, located at 3666 N Watkins St in Memphis, TN 38127, offers 32,912 square feet of street-front retail space. Situated on a 3-acre parcel, the property features 293 feet of frontage on N Watkins, providing visibility to approximately 23,000 vehicles per day. Constructed in 1960, this single-story, multi-tenant center includes suites divisible from approximately 1,200 square feet up to approximately 8,000 square feet. The center is anchored by Family Dollar, with existing tenants including furniture/outlet retailers and service businesses that draw daily traffic. The location benefits from a strong daytime demand generated by nearby charter and public schools, medical offices, and municipal services, as well as a residential base of over 45,000 residents in Frayser. The property is less than 3 miles from the Nike World Distribution Center (with over 4,000 employees) and the Amazon MEM4 Fulfillment Center, funneling shift workers past the center daily. The tenant mix is recession-resilient.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Frayser Furniture Connection Furniture Store Sherrod's Furniture & Variety ... Furniture Store

    Suggested Use

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

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

    Similar Places Nearby

    Auction

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0022401
    Latitude
    35.2255414

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    FAQs

    What type of property is this?
    Shopping center - 32,912 SF shopping center in Memphis's Frayser neighborhood.
    Where is this shopping center located?
    The property is located at 3666 N Watkins St Memphis, TN.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - High-traffic location with **±23,000 vehicles per day visibility** on N Watkins St.; - Anchored by Family Dollar, drawing daily essentials traffic.; - Located in Frayser, with 45,000+ residents.
    (888) 519-5113
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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
    3666 N Watkins St Memphis, TN 38127
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