Building Details

Year built 1986

Listing Agency: eXp Realty, LLC g***@exprealty.com Show Phone

Listed By: Steve Young · License #301448 Show Phone

Added: Jun 29 Changed: Aug 20 Last Checked: Aug 30 at 8:06PM

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MLS# 10226049

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 B2-zoned live-work property includes a flexible interior arrangement that can continue serving combined residential and office functions or be converted for office use. The 1.7-acre site includes a 40x20 out building and 18 existing parking spaces, with additional room available for parking expansion. Constructed in 1986, the property offers a substantial land component alongside its existing improvements.

Frontage along Hwy 64 extends almost 300 feet. The property is just over 3 miles from 385, with I40 and Oakland minutes away, providing access to regional routes and the surrounding community. Its current configuration and zoning support an owner-user or investment-oriented commercial use, subject to applicable approvals.

Key Highlights

• 1.7‑acre B2‑zoned live‑work property
• 40x20 out building included on site
• Almost 300 feet of frontage on Hwy 64

Property Analytics

Property Profile

Current Use

Live-work space

Suggested Use

Top Pick HVAC Service Garden Center Bakery Auto Repair Shop (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

66

Businesses Nearby

Explore this area Business Placement

Demographics for 38028, TN

7,211

Population

2,789

Households

2.6

Avg Household Size

51

Median Age

42%

College-Educated

94%

High-School Grad

59.2 sq mi

ZIP Area

122

Density / Sq Mi

$150,847

Median Household Income

$60,368

Median Earnings

$1,258

Median Rent

$461,700

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this live-work space 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?

Live-work space - B2-zoned property with an adaptable live-work layout, dedicated parking, and room for additional spaces.

Where is this live-work space located?

The property is located at 2855 HWY 64 Oakland, TN.

What is the asking price?

The asking price for this property is $850,000.

What are key features of this property?

This property features: 1.7‑acre B2‑zoned live‑work property; 40x20 out building included on site; Almost 300 feet of frontage on Hwy 64