Listing Agency: Major League Realty, Inc. c***@cgmlr.com Show Phone

Listed By: Mark Montgomery · License #707269 Show Phone

Added: Apr 17 Changed: Sep 25 Last Checked: Sep 28 at 9:06AM

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MLS# 26-3230

Copyright © 2026 Amarillo 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 commercial building in Memphis, Texas, was previously operated as a restaurant. The property offers a physical setting suited to continued restaurant use or another commercial operation, subject to applicable approvals and requirements.

Frontage is available along Highway 287, with the site positioned at 1313 Boykin Dr. in Hall County. The property is located in ZIP Code 79245.

Key Highlights

• Commercial building previously used as a restaurant
• Highway 287 frontage
• Located at 1313 Boykin Dr. in Memphis, TX 79245

Property Analytics

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Current Use

WIC Social Service Agency F'D Attic Insulation ... Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Law Firm Restaurant Hair Salon

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

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

59

Businesses Nearby

2k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Hotels & Casinos 100%

Travelodge in Memphis Texas Hotels & Casinos

1,298 visits/mo 0.1 miles

Budget Inn Hotels & Casinos

383 visits/mo 0.1 miles

Demographics for 79245, TX

2,192

Population

1,205

Households

1.8

Avg Household Size

46

Median Age

16%

College-Educated

83%

High-School Grad

282.8 sq mi

ZIP Area

8

Density / Sq Mi

$46,667

Median Household Income

$34,844

Median Earnings

$608

Median Rent

$79,100

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Commercial building with prior restaurant use and frontage along Highway 287 in Memphis.

Where is this conventional restaurant located?

The property is located at 1313 Boykin Dr. Memphis, TX.

What is the asking price?

The asking price for this property is $79,500.

What are key features of this property?

This property features: Commercial building previously used as a restaurant; Highway 287 frontage; Located at 1313 Boykin Dr. in Memphis, TX 79245