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High-Visibility Commercial Building
For Sale
$145,000
Pending

1500 N Boykin Drive, Memphis, TX 79245

Commercial Sale, Memphis, TX

Property Size7,650 SF
Lot Size0.65 Acres
Days on Market45

Property Features for 1500 N Boykin Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 8000 - All areas in the 8000's
Directions From the intersection of US Hwy 287 and State Highway 256 (Noel St) in Memphis, go north for approximately 1.3 miles and property is located on the west side of the highway, between the Travel Lodge and Budget Inn.
Subdivision 8020 - Memphis
Standard status Pending
APN Mayo Marrs Casing Pulling, LLC
Size 7,650 SF
Lot size 0.65 Acres

Taxes and HOA fees

Tax Description Tract 12, Section 20, Block 20, H & GN Ry. Co. Survey, Hall County, Texas.
Legal Description Tract 12, Section 20, Block 20, H & GN Ry. Co. Survey, Hall County, Texas.

Utilities

Cooling system Central Air

Building Details

Roof type Built-Up
Listing Agency: Chad Holland Real Estate
Listed By: Chad Holland · License #0515680
Added: Jul 11 Changed: Aug 19 Last Checked: Aug 24 at 7:06AM
MLS# 26-2230

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 versatile commercial property includes a large building and an expansive asphalt parking area designed to support a wide range of business uses. The property has been used for multiple purposes over the years, including retail operations, a professional training facility with offices and conference rooms, storage, and a house of worship, reflecting its adaptable layout.

Located along US Highway 287 in Memphis, Texas, the site provides frontage and convenient drive-up access supported by the on-site parking area.

The property is currently tenant occupied on a month-to-month basis, with the tenant anticipating vacating by September 1, 2026, creating flexibility for an owner-occupier or for future leasing. Buyers should confirm details and allowable uses during their due diligence.

Key Highlights

  • Commercial property on US Highway 287 in Memphis, Texas, with frontage along the highway and high visibility.
  • Approximately 0.6511 acres with a large building plus an expansive asphalt parking area for convenient on‑site access.
  • Built‑up roof and central air conditioning.

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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Tenant-occupied commercial building with expansive asphalt parking off US Highway 287 frontage in Memphis, Texas.
Where is this office building 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: Commercial property on US Highway 287 in Memphis, Texas, with frontage along the highway and high visibility.; Approximately 0.6511 acres with a large building plus an expansive asphalt parking area for convenient on‑site access.; Built‑up roof and central air conditioning.
More about this property
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