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Established Automotive Service Center
For Sale
Contact for pricing
Pending

587 E Raines Rd, Memphis, TN 38109

Operating shop includes equipment for tire and vehicle service.

Property SizeContact for details
Days on Market142

Property Features for 587 E Raines Rd

General Information

Standard status Pending
Property subtype Business for Sale

Additional Details

Business Included Yes
Listing Agency: Keller Williams Memphis
Listed By: Juanita Jackson · License #354647
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 4:31AM

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 Keller Williams Memphis

Investment Insights

Based on property information with market context.

This automotive service business at 587 E Raines Rd in Memphis provides tire sales, oil changes, rim repair, tire repair, and brake services. The operation offers both new and used tires and has served the community for 18 years.

Equipment for the business is included, supporting continued operations across its tire and general automotive service offerings. The property is identified as an auto shop and is offered with the operating business.

Key Highlights

  • 18 years serving the community
  • New and used tire sales
  • Oil changes, rim repair, tire repair, and brake services

Property Analytics

Current Use

Neighborhood Tire & Battery (Bike/Boat/Book/etc) Store

Suggested Use

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

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby
Well-served
Demand for This Use

Demographics for 38109, TN

42,437
Population
18,881
Households
2.2
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
59.7 sq mi
ZIP Area
711
Density / Sq Mi
$36,934
Median Household Income
$30,780
Median Earnings
$1,000
Median Rent
$76,600
Median Home Value

Market

Vacancy Rate% for Retail in Memphis, TN

6.5% 2019
6.9% 2020
6.3% 2021
4.9% 2022
5% 2023
5.2% 2024
6.8% 2025
Rey
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Similar Off Market Nearby

  • Silversters Automotive 4331 Auburn Rd, Memphis, TN 38116
  • Neighborhood Tire & Battery 587 E Raines Rd, Memphis, TN 38109
  • CNA Diesel Services 689 E Raines Rd, Memphis, TN 38116
  • Around Automotive 4134 McCorkle Rd, Memphis, TN 38116
  • Upscale Auto 901 4134 McCorkle Rd, Memphis, TN 38116

Frequently Asked Questions

What type of property is this?
Auto shop - Operating shop includes equipment for tire and vehicle service.
Where is this auto shop located?
The property is located at 587 E Raines Rd Memphis, TN.
What are key features of this property?
This property features: 18 years serving the community; New and used tire sales; Oil changes, rim repair, tire repair, and brake services
More about this property
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