Listing Agency: Bang Realty b***@bangrealty.com Show Phone

Listed By: Brian Brockman · License #BR691523000

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 6:30PM

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Investment Insights

Based on property information with market context.

The offering includes two adjacent hotel properties positioned for redevelopment. The former full-service hotel at 2240 Democrat Road contained 257 rooms across 4.01 acres, while the limited-service property at 2736 S Nonconnah Boulevard included 125 rooms on 3.47 acres. Neither property is currently operational.

Together, the parcels total 7.48 acres and comprise 382 hotel rooms near Memphis International Airport. The properties provide two distinct hospitality configurations within one offering, including a larger full-service asset and a smaller limited-service asset.

Key Highlights

• Two adjacent hotel properties near Memphis International Airport
• Combined 382 hotel rooms across 7.48 acres
• Former full‑service hotel: 257 rooms on 4.01 acres

Property Analytics

Property Profile

Current Use

Clarion Hotel & Suites ... Hotel & Motel ATM Atm

Suggested Use

Top Pick Dental Office Storage Facility Kitchen & Bath Showroom Plumbing Service Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

404

Businesses Nearby

Explore this area Business Placement

Demographics for 38132, TN

55

Population

13

Households

4.2

Avg Household Size

34

Median Age

46%

High-School Grad

0.8 sq mi

ZIP Area

69

Density / Sq Mi

Questions? Ask Rey

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What type of property is this? Where is this hotels 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?

Hotel - Two adjacent, non-operational hospitality properties occupy separate parcels near Memphis International Airport.

Where is this hotel located?

The property is located at 2240 Democrat Rd Memphis, TN.

What are key features of this property?

This property features: Two adjacent hotel properties near Memphis International Airport; Combined 382 hotel rooms across 7.48 acres; Former full‑service hotel: 257 rooms on 4.01 acres