Building Details

Year Built 2022

Buildings 1

Construction brick

Listing Agency: Farm & Home Realty

Listed By: Rhonda Wheeler Show Phone

Source: Bryanrealty

Added: Oct 2 Changed: Oct 3 Last Checked: Oct 7 at 5:01PM

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Investment Insights

Based on property information with market context.

Built in 2022, this brick storefront contains more than 2,100 heated square feet. The interior includes retail floor space, dressing rooms, a bathroom, and a kitchenette, with high-end finishes and paved parking. The building is in excellent condition and currently operates as a retail business; office or medical office use is also noted as a possibility.

The property fronts Hwy 45 S/Mulberry Ave in Selmer and sits in a high-traffic area.

Key Highlights

• More than 2,100 heated square feet
• Brick construction; built in 2022 and in excellent condition
• Retail floor space, dressing rooms, bathroom, and kitchenette

Property Analytics

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Current Use

Ams & Associates General Contractor

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Dental Office Locksmith Grocery & Convenience Store Bakery

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

131

Businesses Nearby

74k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Superstores 53% Shops & Services 36% Electronics 7% Dining 4%

Walmart Superstores

39,062 visits/mo 0.4 miles

Murphy USA Shops & Services

15,943 visits/mo 0.4 miles

Dollar Tree Shops & Services

7,619 visits/mo 0.2 miles

Cricket Wireless Authorized Retailer Electronics

4,527 visits/mo 0.4 miles

Pizza Hut Dining

3,245 visits/mo 0.4 miles

Demographics for 38375, TN

9,071

Population

4,162

Households

2.2

Avg Household Size

44

Median Age

14%

College-Educated

86%

High-School Grad

112.7 sq mi

ZIP Area

80

Density / Sq Mi

$50,108

Median Household Income

$42,245

Median Earnings

$677

Median Rent

$143,500

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - A flexible commercial interior includes customer-facing floor area, dressing rooms, a kitchenette, and a restroom.

Where is this storefront property located?

The property is located at 849 Mulberry Ave Selmer, TN.

What is the asking price?

The asking price for this property is $625,000.

What are key features of this property?

This property features: More than 2,100 heated square feet; Brick construction; built in 2022 and in excellent condition; Retail floor space, dressing rooms, bathroom, and kitchenette