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Two-Building Auto Shop Property
For Sale
$1,000,000

1505 ELVIS PRESLEY Blvd, Memphis, TN 38106

COMMERCIAL - Memphis, TN

Property SizeContact for details
Days on Market299

Property Features for 1505 ELVIS PRESLEY Blvd

General Information

Property type Commercial Sale
Property subtype Other
Subdivision SNOWDEN & PRITCHARD
Standard status Active

Taxes and HOA fees

Tax Annual Amount 5628

Building Details

Year built 1987
Listing Agency: Assured Real Estate Services
Listed By: Reginald Pruitt
Added: Oct 17, 2025 Changed: Aug 4 Last Checked: Aug 11 at 9:06AM
MLS# 10208001

Copyright © 2026 Memphis Area 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 two-building auto shop property on Elvis Presley Blvd is currently operated in multiple capacities, including a used car lot, commercial landscaping, tire shop, towing service, pest control, and repair shop. The site is described as over 2 acres of commercial space, providing room for a multi-use automotive and related services operation.

The property was built in 1987. The address is 1505 Elvis Presley Blvd, Memphis, TN 38106, in Shelby County.

Key Highlights

  • Over 2 acres of commercial space
  • Two buildings currently used for auto and related services
  • Used car lot operation on site

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Hair Salon Building Supply HVAC Service

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

257
Businesses Nearby
8k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
BP Shops & Services
4,896 visits/mo 0.4 miles
AutoZone Shops & Services
2,978 visits/mo 0.1 miles

Demographics for 38106, TN

22,394
Population
11,630
Households
1.9
Avg Household Size
41
Median Age
12%
College-Educated
83%
High-School Grad
10.4 sq mi
ZIP Area
2,153
Density / Sq Mi
$29,818
Median Household Income
$30,101
Median Earnings
$915
Median Rent
$66,400
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

  • iKandy Kustomz 1601 Clancy St, Memphis, TN 38106
  • Horton's Starter & Alternator Service 1355 Mississippi Blvd, Memphis, TN 38106
  • Skins Customs 1744 Elvis Presley Blvd, Memphis, TN 38106
  • All in one services 781 E Waldorf Ave, Memphis, TN 38106
  • E & P Body Shop Memphis, TN 38106

Frequently Asked Questions

What type of property is this?
Auto shop - Two-building auto-related commercial property used for a used car lot, tire shop, and towing service.
Where is this auto shop located?
The property is located at 1505 ELVIS PRESLEY Blvd Memphis, TN.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Over 2 acres of commercial space; Two buildings currently used for auto and related services; Used car lot operation on site
More about this property
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