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Automotive Shop Investment
For Sale
Contact for pricing
Pending

2900 Park, Memphis, TN 38114

Automotive shop for sale with current rental income and stated upside from improved rent levels.

Property SizeContact for details
Days on Market148

Property Features for 2900 Park

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Premier Commercial
Listed By: Jason Miller · License #NY 40MI0963258
Source: Crexi
Added: Apr 11 Changed: Aug 16 Last Checked: Sep 5 at 12:37AM

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 Premier Commercial

Investment Insights

Based on property information with market context.

This automotive shop is currently generating $1,000 per month in rent. The property is described as having the ability to reach up to $1,500 per month, depending on how it is operated and leased.

The offering is for sale at 2900 Park in Memphis, TN 38114. No additional building details or tenancy terms were provided in the public remarks.

Overall, the property presents as an income-producing automotive shop with a currently established rent stream and a stated potential increase to support future underwriting.

Key Highlights

  • Automotive shop currently rented for $1,000 per month
  • Stated potential to increase rent up to $1,500 per month

Property Analytics

Current Use

Foreign and American Auto ... Auto Repair Shop Mobile Mechanic Memphis ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Skin Care Clinic Restaurant

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

339
Businesses Nearby
14k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 71% Dining 29%
Family Dollar Shops & Services
5,942 visits/mo 0.2 miles
Marathon Petroleum Shops & Services
4,128 visits/mo 0.2 miles
Church's Chicken Dining
4,095 visits/mo 0.2 miles

Demographics for 38114, TN

23,559
Population
12,252
Households
1.9
Avg Household Size
38
Median Age
14%
College-Educated
82%
High-School Grad
7.6 sq mi
ZIP Area
3,100
Density / Sq Mi
$32,080
Median Household Income
$28,570
Median Earnings
$897
Median Rent
$79,000
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

  • Pressure World 2585 Lamar Ave, Memphis, TN 38114
  • 901Showtime 2612 Lamar Ave, Memphis, TN 38114
  • McCrary's Discount Muffler & Brake 2597 Lamar Ave, Memphis, TN 38114
  • Raymonds Auto Repair 2597 Lamar Ave, Memphis, TN 38114
  • City Tires 2684 Lamar Ave #102, Memphis, TN 38114

Frequently Asked Questions

What type of property is this?
Auto shop - Automotive shop for sale with current rental income and stated upside from improved rent levels.
Where is this auto shop located?
The property is located at 2900 Park Memphis, TN.
What are key features of this property?
This property features: Automotive shop currently rented for $1,000 per month; Stated potential to increase rent up to $1,500 per month
(516) 284-8000 Call to check price and availability
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