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    3445 Elvis Presley Blvd Memphis, TN 38116

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    For Lease
    $10 SF/Yr ($12,600 /Mo)

    Retail property with excellent visibility and easy highway access.

    Property size:
    15,121 SF
    Lot size:
    2.04 Acres

    Property Features for 3445 Elvis Presley Blvd

    General Information

    Size
    15,121 SF
    Lot size
    2.04 Acres

    Source: JLL | Nashville Agent William Shell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property with High Visibility

    This retail property offers excellent visibility and easy access from Highway 51, which has a traffic volume of 33,691 vehicles per day, and Winchester Road, with a traffic volume of 18,904 vehicles per day. The property has a size of 15,121 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Photo Passport Photo Processor COVID-19 Drive-thru Testing ... Pharmacy Redbox Movie Rental Kiosk FedEx OnSite Mailing Service Western Union Money Transfer Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0256339
    Latitude
    35.0548167

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    FAQs

    What type of property is this?
    Retail property - Retail property with excellent visibility and easy highway access.
    Where is this retail property located?
    The property is located at 3445 Elvis Presley Blvd Memphis, TN.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Excellent visibility; - Easy access from Hwy 51 (33,691 VPD); - Easy access from Winchester Rd (18,904 VPD)
    (615) 928-5316
    Request Owner's contact information
    3445 Elvis Presley Blvd Memphis, TN 38116
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    Memphis, TN 38116
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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
    3445 Elvis Presley Blvd Memphis, TN 38116
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