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    7915-7951 Winchester Rd Memphis, TN 38125

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    For Sale
    $7,432,200

    Retail property for sale in a high-income area.

    Property size:
    49,548 SF
    Lot size:
    12.21 Acres

    Property Features for 7915-7951 Winchester Rd

    General Information

    Size
    49,548 SF
    Lot size
    12.21 Acres

    Source: Cushman & Wakefield | Phoenix Agent Shane Carter

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

    Overview

    Retail Space in Centennial Crossing

    This retail property is located within the Centennial Crossing shopping center, which features national tenants such as Costco, Lowe's, PetSmart, Walgreens, and Starbucks. The average household income in a 5-mile radius exceeds $122,000. The property is situated approximately 0.5 miles from Interstate 385 (Bill Morris Parkway), which has a traffic volume of 92,182 vehicles per day. It is also located directly across from the FedEx World Headquarters. The property encompasses approximately 49,548 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    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.

    Similar Places Nearby

    Centennial Commons, US Foodservice, Centennial Court, SolarHye, Coinstar

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8000195
    Latitude
    35.0462151

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    FAQs

    What type of property is this?
    Shopping center - Retail property for sale in a high-income area.
    Where is this shopping center located?
    The property is located at 7915-7951 Winchester Rd Memphis, TN.
    What is the asking price?
    The asking price for this property is $7,432,200.
    What are key features of this property?
    This property features: - Directly across from the FedEx World Headquarters; - Located in Centennial Crossing shopping center with national tenants; - ±0.5 miles from Interstate 385 (Bill Morris Parkway) with 92,182 VPD
    (602) 954-9000
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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
    7915-7951 Winchester Rd Memphis, TN 38125
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