Valero Gas Station with
3011 S 3RD St, Memphis, TN 38109
For Sale
New
$2,500,000
Commercial/Industrial, Memphis, TN
Property Size2,440 SF
Price / SF$1,024
Days on Market3
Property Features for 3011 S 3RD St
General Information
Property type
Property subtype
Property condition
Subdivision
Standard status
Tenancy & Operations
Currently Operating
Real Estate Included
Business Included
Automotive
Automotive Uses
Convenience Store
Fuel Brand
Monthly Fuel Volume
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Listing Agency:
Fast Track Realty, LLC
(901) 767-8770
Listed By:
Sabir Alshoja
(901) 849-5761
Added: Nov 7
Last Checked: Nov 9 at 11:06AM
MLS# 10234008
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Valero station occupies a 2,440-SF store completed in 2025, with a canopy, modern POS, and an on-site kitchen. A 10-door cooler is installed, while beer and wine sales, Tennessee lottery, and full EBT are not active. The business operates 24/7 and offers hot food.
The property consists of three parcels at US Hwy 61 and Peebles Ave in Memphis. Reported activity includes 82K-99K+ monthly fuel gallons, 860+ daily customers, and a 47% hot-food attach rate.
The property consists of three parcels at US Hwy 61 and Peebles Ave in Memphis. Reported activity includes 82K-99K+ monthly fuel gallons, 860+ daily customers, and a 47% hot-food attach rate.
Key Highlights
- Brand‑new 2,440 SF store completed in 2025
- Valero‑branded 24/7 station at US Hwy 61 and Peebles Ave
- 82K‑99K+ monthly fuel gallons
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
43k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 25%
Electronics 9%
McDonald's
Dining
21,067 visits/mo
0.1 miles
Circle K
Shops & Services
9,574 visits/mo
0.2 miles
KFC
Dining
3,621 visits/mo
0.2 miles
SUBWAY
Dining
3,542 visits/mo
0.2 miles
Boost Mobile
Electronics
1,683 visits/mo
0.2 miles
Demographics for 38109, TN
42,437
Population
18,881
Households
2.2
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
59.7 sq mi
ZIP Area
711
Density / Sq Mi
$36,934
Median Household Income
$30,780
Median Earnings
$1,000
Median Rent
$76,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Memphis, TN
Frequently Asked Questions
What type of property is this?
Gas station - A 24/7 convenience operation includes a modern point-of-sale system and an on-site hot-food kitchen.
Where is this gas station located?
The property is located at 3011 S 3RD St Memphis, TN.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Brand‑new 2,440 SF store completed in 2025; Valero‑branded 24/7 station at US Hwy 61 and Peebles Ave; 82K‑99K+ monthly fuel gallons
