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Tenant-Occupied Beauty Salon
For Sale
$49,900

5507 WINCHESTER Rd, Memphis, TN 38115

Commercial/Industrial, Memphis, TN

Property SizeContact for details
Days on Market47

Property Features for 5507 WINCHESTER Rd

General Information

Property type Residential
Property subtype Office
Subdivision WINCHESTER OFFICE PLAZA
Standard status Active

Taxes and HOA fees

Tax Annual Amount 533

Building Details

Year built 1984
Listing Agency: KAIZEN Realty, LLC
Listed By: Fredrick Sengstacke
Added: Aug 8 Changed: Sep 12 Last Checked: Sep 23 at 8:06AM
MLS# 10227979

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 spa and wellness property at 5507 Winchester Road in Memphis contains a tenant-occupied unit operating as a beauty salon. The building dates to 1984, providing an established commercial setting for the current salon use.

The property is located in Shelby County, within ZIP code 38115. The existing occupancy offers a straightforward profile for buyers seeking a property with an operating beauty salon already in place.

Key Highlights

  • Tenant‑occupied unit operating as a beauty salon
  • Building constructed in 1984
  • Located at 5507 WINCHESTER Rd, Memphis, TN 38115

Property Analytics

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Current Use

SHEARS, LLC Hair Salon Assured Real Estate ... Real Estate Agency Gabriell Thomas, Assured ... Real Estate Agency James Mitchell, Assured ... Real Estate Agency Sherita McCray, Assured ... Real Estate Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Dental Office Pharmacy

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

544
Businesses Nearby
65k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 73% Shops & Services 25% Electronics 2%
McDonald's Dining
18,676 visits/mo 0.4 miles
SONIC Drive In Dining
8,531 visits/mo 0.4 miles
Burger King Dining
7,982 visits/mo 0.4 miles
American Deli Dining
6,750 visits/mo 0.5 miles
BP Shops & Services
6,537 visits/mo 0.5 miles

Demographics for 38115, TN

40,076
Population
19,179
Households
2.1
Avg Household Size
30
Median Age
14%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
4,660
Density / Sq Mi
$42,931
Median Household Income
$32,997
Median Earnings
$1,129
Median Rent
$129,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Spa & wellness property - Established salon use provides an existing commercial occupancy within the property.
Where is this spa & wellness property located?
The property is located at 5507 WINCHESTER Rd Memphis, TN.
What is the asking price?
The asking price for this property is $49,900.
What are key features of this property?
This property features: Tenant‑occupied unit operating as a beauty salon; Building constructed in 1984; Located at 5507 WINCHESTER Rd, Memphis, TN 38115
More about this property
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