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Highway-Frontage Mixed-Use Property
For Sale
$145,000

1500 N Boykin Drive, Memphis, TX 79245

Versatile commercial building with asphalt parking and documented use for retail, offices, training, storage, and worship.

Property Size7,650 SF
Lot Size0.65 Acres
Price / SF$18.95
Days on Market209

Property Features for 1500 N Boykin Drive

General Information

Standard status Active
Size 7,650 SF
Lot size 0.65 Acres
Property subtype General Commercial
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Opportunity Zone Yes

Amenities

conference rooms
Central Air
3

Building Details

Buildings 1
Tenancy Single
Owner Occupied No
Abandoned No
Listing Agency:
Listed By: Chad Holland Real Estate
Source: Xome
Added: Feb 2 Changed: Aug 29 Last Checked: Aug 29 at 6:28PM

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 Chad Holland Real Estate

Investment Insights

Based on property information with market context.

This mixed-use commercial property includes a 7,650-square-foot building on approximately 0.6511 acres at 1500 N Boykin Drive in Memphis, Texas. The site fronts US Highway 287 and includes an expansive asphalt parking area. Interior use has included retail operations, professional training with offices and conference rooms, storage, and a house of worship, supporting a range of potential commercial configurations.

The property is currently occupied by a month-to-month tenant expected to vacate by May 1, 2026. That timing may support future owner occupancy or leasing, subject to the applicable transaction and occupancy terms. Memphis is designated as an Opportunity Zone, which may be relevant to qualifying investors who obtain independent tax advice.

Key Highlights

  • 7,650‑square‑foot mixed‑use commercial building
  • Approximately 0.6511 acres along US Highway 287
  • Expansive asphalt parking area

Property Analytics

Current Use

Office buildings

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

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Versatile commercial building with asphalt parking and documented use for retail, offices, training, storage, and worship.
Where is this mixed-use property located?
The property is located at 1500 N Boykin Drive Memphis, TX.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 7,650‑square‑foot mixed‑use commercial building; Approximately 0.6511 acres along US Highway 287; Expansive asphalt parking area
More about this property
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