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Block-Front Retail Property
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3489 RAMILL RD, Memphis, TN 38128

Retail property for sale with frontage across an entire city block on Yale Road and a stoplight corner location.

Property Size13,500 SF
Price / SF$111.11
Days on Market81

Property Features for 3489 RAMILL RD

General Information

Standard status Active
Size 13,500 SF
Property subtype Retail

Building Details

Units 1
Listing Agency: Myers Commercial Real Estate
Listed By: Melanie Myers Bland · License #TN 288335
Source: Crexi
Added: Jun 19 Changed: Sep 2 Last Checked: Sep 7 at 12:22PM

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 Myers Commercial Real Estate

Investment Insights

Based on property information with market context.

3489 Ramill is a retail property for sale offering frontage along the entire city block on Yale Road from Raleigh Millington to Ramill Road. The site is positioned on a stoplight corner, which is designed to support high visibility. The property is also described as an excellent repurpose opportunity.

The asset’s configuration centers on its extended block frontage and prominent intersection access at the stoplight corner.

This is a single retail property listed for sale, presented for buyers looking to evaluate redevelopment and adaptive reuse possibilities.

Key Highlights

  • Frontage across the entire city block on Yale Road
  • Located on a stoplight corner for improved traffic exposure
  • Retail property for sale with extensive Yale Road frontage from Raleigh Millington to Ramill Road

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy COVID-19 Drive-thru Testing ... Pharmacy Redbox Cinema FedEx OnSite Postal Service

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Electrical Service Spa & Massage Center Building Supply

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

224
Businesses Nearby
34k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 59% Dining 33% Electronics 8%
SONIC Drive In Dining
11,272 visits/mo 0.1 miles
Dollar General Shops & Services
8,613 visits/mo 0.0 miles
BP Shops & Services
6,283 visits/mo 0.1 miles
AutoZone Shops & Services
5,030 visits/mo 0.1 miles
Boost Mobile Electronics
1,927 visits/mo 0.1 miles

Demographics for 38128, TN

43,197
Population
18,388
Households
2.3
Avg Household Size
32
Median Age
15%
College-Educated
85%
High-School Grad
23.6 sq mi
ZIP Area
1,830
Density / Sq Mi
$43,166
Median Household Income
$32,429
Median Earnings
$1,150
Median Rent
$123,900
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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Frequently Asked Questions

What type of property is this?
Retail space - Retail property for sale with frontage across an entire city block on Yale Road and a stoplight corner location.
Where is this retail space located?
The property is located at 3489 RAMILL RD Memphis, TN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Frontage across the entire city block on Yale Road; Located on a stoplight corner for improved traffic exposure; Retail property for sale with extensive Yale Road frontage from Raleigh Millington to Ramill Road
More about this property
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