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    1615 Sycamore View Rd Memphis, TN 38134

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    For Sale
    $845,370

    Retail property with drive-thru, modern finishes, and ample parking.

    Property size:
    1,818 SF
    Lot size:
    0.93 Acres

    Property Features for 1615 Sycamore View Rd

    General Information

    Size
    1,818 SF
    Lot size
    0.93 Acres

    Source: Matthews Real Estate Investment Services - Orange County Agent Marc Filia

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

    Overview

    High-Visibility Retail Property For Sale

    Located at the intersection of I-40 and Sycamore View Rd, this retail property benefits from high visibility and traffic counts, with approximately 190,000 vehicles per day on I-40 and an additional 30,000 vehicles per day on Sycamore View Rd. The surrounding area includes over 15 hotels within a one-mile radius. The area is home to over 180,000 residents with an average household income exceeding $85,000 within a 5-mile radius. The property is located in a busy retail corridor with national QSR and dine-in tenants including McDonald’s, IHOP, Waffle House, Krystal, and Taco Bell. The property is configured for a high-volume retail user, with a drive-thru, modern finishes, and ample parking. The property is 1818 square feet and is suitable for drive-through restaurants, restaurants, retail properties, storefront properties, and individual retail properties.
    Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop 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
    -89.8659715
    Latitude
    35.1690945

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    FAQs

    What type of property is this?
    Drive through restaurant - Retail property with drive-thru, modern finishes, and ample parking.
    Where is this drive through restaurant located?
    The property is located at 1615 Sycamore View Rd Memphis, TN.
    What is the asking price?
    The asking price for this property is $845,370.
    What are key features of this property?
    This property features: - Prime location at the intersection of I-40 and Sycamore View Rd with high traffic counts.; - Strong surrounding demographics with high average household income.; - Turnkey build-out fully configured for a high-volume retail user with a drive-thru, modern finishes, and ample parking.
    (949) 468-6278
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    1615 Sycamore View Rd Memphis, TN 38134
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    Memphis, TN 38134
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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
    1615 Sycamore View Rd Memphis, TN 38134
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