Memphis, TN Commercial Real Estate for Sale

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Updated: Mar 6

Restaurant Building in Wolfchase Area

7990 Horizon Center Blvd, Memphis, TN 38133

$1,200,000

7,774 sqft 2.57 AC lot

Freestanding, fully equipped 7,774 SF restaurant building on 2.57 acres.
Prime location in the Wolfchase Trade Area of Memphis.
High traffic counts: Interstate 40 (103,701 AADT) and Germantown Pkwy (73,408 AADT).
Located on a frontage road to Interstate 40.
Adjacent to a Hyatt Place and The Commons at Wolfcreek Shopping Center.

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This listing looks promising.

Here's a quick look at some key insights for

7990 Horizon Center Blvd, Memphis, TN 38133

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Est. Cap Rate

7.8%
Above avg (5.9%)
Est. NOI

$94K
Annual
Price @ 7% Cap

$1.34M
Above asking
Property Type

Restaurant
Built 1997

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Updated: May 3

Retail Space in Mixed-Use Condominium

2135 Merchants Row, Germantown, TN 38138

$350,000

2,508 sqft 0.17 AC lot

Brick office building constructed in 1987
Commercial (zoned) space in an attached mixed‑use business condominium community
Electric forced‑air heating with zoned HVAC
Asphalt roof and public water service
Basement/underground parking included

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Downtown Memphis Mixed-Use Investment

18 N SECOND St, Memphis, TN 38103

$885,000

9,800 sqft

Mixed-use property in downtown Memphis near iconic landmarks.

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Memphis Commercial Property for Sale

333 S Bellevue Boulevard, Memphis, TN 38104

$310,000

2,584 sqft 0.25 AC lot

Commercial property in Memphis, TN, featuring 2584 square feet.

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Freestanding Retail Redevelopment Building

2029 Union Avenue, Memphis, TN 38104

$525,000

7,094 sqft 0.26 AC lot

Freestanding retail building with redevelopment zoning and strong Union Ave traffic exposure near major Memphis entertainment and retailers.

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Commercial Mixed-Use Development Land

3183 N THOMAS St, Memphis, TN 38127

$150,000

0.62 AC lot

Fenced, former car lot site with slab remnants, available as two parcels sold together.

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Frayser Boulevard Commercial Property

2285 FRAYSER Blvd, Memphis, TN 38127

$400,000

52,180 sqft

Expansive 52,180 sq. ft. commercial property in Memphis.

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Commercial Land in Memphis, TN

4104 AUSTIN PEAY Hwy, Memphis, TN 38128

$500,000

3.55 AC lot

3.55 acre commercial land parcel in Memphis, Tennessee.

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Second-Generation Restaurant

153 E Ge Patterson Ave, Memphis, TN 38103

$550,000

4,493 sqft

Second-generation restaurant for sale with 4,493 SF and strong downtown visibility near major attractions.

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Mixed-Use Corner Retail Building

871 S COOPER St, Memphis, TN 38104

$1,695,000

Former retail building on a corner lot with an additional parcel that adds on-site parking availability.

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Germantown Office Space For Lease

9056 CORPORATE GARDENS Dr, Germantown, TN 38138

Contact for pricing

1,600 sqft

Office space in Germantown, ideal for professional or medical use.

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Memphis Retail Building with Drive-Thru

3500 Ramill Rd, Memphis, TN 38128

$900,000

11,122 sqft 1.84 AC lot

11,122 SF retail building on 1.84 acres with drive-thru.

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Industrial Land with IH Zoning

5250 HUNGERFORD Rd, Memphis, TN 38118

$1,550,000

14.00 AC lot

Expandable industrial site in established Southeast Memphis corridor, offered as-is and zoned IH for logistics-focused use.

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Cordova Office Space For Sale

299 S WALNUT BEND Rd, Memphis, TN 38018

Contact for pricing

1,000 sqft

Office space in Cordova near retailers and dining establishments.

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Cordova Retail Opportunity For Sale

2246 N Germantown Pkwy, Memphis, TN 38016

$2,175,000

5,929 sqft 1.11 AC lot

Freestanding 5,929 SF building on 1.11 acres.

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Vacant Commercial Development Lot

32 TIMBER CREEK Dr lot: 19, Memphis, TN 38018

$171,000

0.41 AC lot

Vacant lot available for development of retail or office uses in Shelby County, TN.

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Highway-Commercial Development Land

HWY 70 lot: 6, Bartlett, TN 38134

$309,000

3.09 AC lot

Wooded commercial tract zoned C-H, positioned for development along US Highway 70/Summer Avenue in Bartlett.

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Fully Renovated Mixed-Use Opportunity

981 Cooper St, Memphis, TN 38104

$1,300,000

4,000 sqft

Fully renovated 4,000 SF property offers flexible retail, restaurant, or office space with on-site secured parking.

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Restaurant Building with Parking Lots

1324 PEABODY Ave, Memphis, TN 38104

$1,599,900

For sale restaurant building plus two dedicated parking lots across four parcels in Midtown Memphis.

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Vacant Freestanding Retail Property

213 N Cleveland St, Memphis, TN 38104

$795,000

5,675 sqft

Vacant freestanding retail building offering 5,675 SF of space in Midtown Memphis near major employment and medical institutions.

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Memphis Land Assemblage Opportunity

955 CIRCLE Rd lot: 6, Memphis, TN 38127

$125,000

0.34 AC lot

Three adjacent parcels totaling 1+ acre in North Memphis.

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Zoned Commercial Development Land

REESE Rd, Memphis, TN 38133

$325,000

2.67 AC lot

Vacant 2.67-acre parcel in a corporate park, zoned CMU-2, ready for a new commercial development plan.

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Owner-User Office Building

9033 GARDEN ARBOR DR, Germantown, TN 38138

$720,000

3,200 sqft

Office building offering owner use and investment, located just off Forest Hill Rd near shops and restaurants.

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Versatile Commercial Property, Memphis, TN

3614 S PERKINS Rd, Memphis, TN 38118

$500,000

0.71 AC lot

Adaptable commercial space suitable for various business applications.

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Memphis, TN Commercial Real Estate Market Trends and Statistics

Explore 555 commercial real estate for sale in Memphis, TN, showcased through 555 active listings on our real estate platform. These investment opportunities span a total of 8,732,084 square feet of properties for sale, with an estimated market value of $418,310,360.

Sale prices for business properties in Memphis, TN start at $30,000, averaging $1,332,198, and reaching up to $122,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 718K

Population Growth (5Y) -3.1%

Median Household Income $61,271

College Educated 18.4%

High-Yield Neighborhoods for Investment

Identify Memphis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Eads	$685K
Memphis	$805.8K
Cordova	$1.5M

Taxes & Financing

Tax Rate (average for all types) 5.80%

Property Tax per SF $85.96 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Shelby County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Shelby County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Memphis fall within the 100,000+ square foot range.

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