Grocery and Convenience Store
For Sale
$425,000
2966 Carnes, Memphis, TN 38111
A second lot offers additional land for potential construction.
Property SizeContact for details
Days on Market82
Property Features for 2966 Carnes
General Information
Standard status
Active
Property subtype
Commercial
Site & Location
Neighborhood
Kingdom Community Builders
Additional Details
Opportunity Zone
Yes
Building Details
Year Built
1924
Stories
1
Listing Agency:
Keller Williams
(901) 261-7900
Listed By:
Lee Williams
(901) 871-4816
Source:
Assuredrealestate
Added: Aug 14
Changed: Nov 2
Last Checked: Nov 2 at 1:57PM
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 Keller Williams
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This grocery and convenience store property includes a second lot that could accommodate a future building. The existing structure dates to 1924 and is being sold in as-is condition, with no repairs planned by the seller.
The property is located at 2966 Carnes in Memphis, Tennessee, within an area described as a stable neighborhood. It is identified as being in an opportunity zone and has low property taxes.
The property is located at 2966 Carnes in Memphis, Tennessee, within an area described as a stable neighborhood. It is identified as being in an opportunity zone and has low property taxes.
Key Highlights
- 1924 building
- Includes a second lot for potential construction
- Opportunity zone location
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 71%
Dining 29%
Family Dollar
Shops & Services
5,942 visits/mo
0.3 miles
Marathon Petroleum
Shops & Services
4,128 visits/mo
0.4 miles
Church's Chicken
Dining
4,095 visits/mo
0.3 miles
Demographics for 38111, TN
40,533
Population
20,084
Households
2
Avg Household Size
34
Median Age
38%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
4,136
Density / Sq Mi
$52,806
Median Household Income
$33,449
Median Earnings
$1,077
Median Rent
$165,200
Median Home Value
Market
Vacancy Rate% for Retail in Memphis, TN
Similar Off Market Nearby
- Foodtown Grocery — 458 Buntyn St, Memphis, TN 38111
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - A second lot offers additional land for potential construction.
Where is this grocery and convenience store located?
The property is located at 2966 Carnes Memphis, TN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1924 building; Includes a second lot for potential construction; Opportunity zone location
