Mixed-Use Portfolio with Vacant
New
For Sale
Contact for pricing
1063 S Parkway E, Memphis, TN 38106
Three-property portfolio with commissary/industrial and retail buildings plus 1.764 acres vacant land along I-69 exit.
Property Size13,352 SF
Price / SF$67.41
Days on Market5
Property Features for 1063 S Parkway E
General Information
Standard status
Active
Size
13,352 SF
Property subtype
RETAIL
Listing Agency:
NAI Saig Company - Memphis
(901) 526-3100
Listed By:
Hamel (Hank) Martin · License #340992
(901) 526-3100
Source:
Moodyscre
Added: Jul 27
Changed: Jul 30
Last Checked: Jul 30 at 1:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Saig Company - Memphis
Investment Insights
Based on property information with market context.
NAI Saig Company presents a three-property mixed-use commercial portfolio at 1063 S Parkway E in Memphis, TN, totaling approximately 2.76 acres. The portfolio includes a 9,755 SF freestanding commissary/industrial building and a 3,597 SF freestanding retail building, along with 1.764 AC of vacant land surrounding the two buildings.
The property is positioned along an exit of Interstate 69, offering convenient access to Downtown Memphis and the Hernando de Soto Bridge, with nearby access to Mississippi. This corridor provides visibility and connectivity for a range of commercial and redevelopment uses.
Buildings and surrounding vacant land combine to support flexible redevelopment or expansion plans, including service commercial concepts that benefit from interstate exposure and accessibility, as well as owner-user development using the existing infrastructure in place.
The property is positioned along an exit of Interstate 69, offering convenient access to Downtown Memphis and the Hernando de Soto Bridge, with nearby access to Mississippi. This corridor provides visibility and connectivity for a range of commercial and redevelopment uses.
Buildings and surrounding vacant land combine to support flexible redevelopment or expansion plans, including service commercial concepts that benefit from interstate exposure and accessibility, as well as owner-user development using the existing infrastructure in place.
Key Highlights
- 9,755 SF freestanding commissary/industrial building
- 3,597 SF freestanding retail building
- 1.764 AC of vacant land surrounding two freestanding buildings
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
274
Businesses Nearby
Explore this area
Business Placement
Demographics for 38106, TN
22,394
Population
11,630
Households
1.9
Avg Household Size
41
Median Age
12%
College-Educated
83%
High-School Grad
10.4 sq mi
ZIP Area
2,153
Density / Sq Mi
$29,818
Median Household Income
$30,101
Median Earnings
$915
Median Rent
$66,400
Median Home Value
Market
Properties on Market for Mixed-use properties in Memphis
Vacancy Rate% for Industrial in Memphis, TN
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-property portfolio with commissary/industrial and retail buildings plus 1.764 acres vacant land along I-69 exit.
Where is this mixed-use property located?
The property is located at 1063 S Parkway E Memphis, TN.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 9,755 SF freestanding commissary/industrial building; 3,597 SF freestanding retail building; 1.764 AC of vacant land surrounding two freestanding buildings
