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Vacant Storefront Property
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5968 Knight Arnold Rd Ext, Memphis, TN 38115

Vacant commercial space offering an owner-user configuration for business operations.

Property Size8,084 SF
Price / SF$105
Days on Market178

Property Features for 5968 Knight Arnold Rd Ext

General Information

Standard status Active
Size 8,084 SF
Property subtype Retail
Occupancy 100%
Investment Type Owner/User

Building Details

Year Built 1985
Tenancy Single
Listing Agency: Sands Investment Group Philadelphia
Listed By: Tom Gorman · License #RM424383
Source: Crexi
Added: Apr 21 Changed: Oct 11 Last Checked: Oct 14 at 11:02PM

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 Sands Investment Group Philadelphia

Investment Insights

Based on property information with market context.

This vacant storefront property provides 8,084 square feet of commercial space for an owner-user seeking a dedicated operating location. The building was constructed in 1985 and is positioned for reuse by a business requiring a retail-oriented facility.

The property is located at 5968 Knight Arnold Road Extension in Memphis, Tennessee, within the 38115 ZIP code. Its existing commercial format offers a physical base for a business that intends to occupy and operate from the property.

Key Highlights

  • 8,084 SF of vacant commercial space
  • Storefront property suited to an owner‑user strategy
  • Building constructed in 1985

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Cafe & Coffee Shop Kitchen & Bath Showroom

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

389
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Marathon Shops & Services
6,049 visits/mo 0.0 miles
Family Dollar Shops & Services
5,748 visits/mo 0.1 miles
Citgo Shops & Services
3,588 visits/mo 0.0 miles
Marathon Shops & Services
1,834 visits/mo 0.5 miles
BP Shops & Services
1,811 visits/mo 0.0 miles

Demographics for 38115, TN

40,076
Population
19,179
Households
2.1
Avg Household Size
30
Median Age
14%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
4,660
Density / Sq Mi
$42,931
Median Household Income
$32,997
Median Earnings
$1,129
Median Rent
$129,700
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

6.5% 2019
6.9% 2020
6.3% 2021
4.9% 2022
5% 2023
5.2% 2024
6.8% 2025
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Storefront property - Vacant commercial space offering an owner-user configuration for business operations.
Where is this storefront property located?
The property is located at 5968 Knight Arnold Rd Ext Memphis, TN.
What is the asking price?
The asking price for this property is $848,820.
What are key features of this property?
This property features: 8,084 SF of vacant commercial space; Storefront property suited to an owner‑user strategy; Building constructed in 1985
More about this property
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