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    7053 Winchester Rd Memphis, TN 38125

    Sponsored
    For Sale
    $1,800,000

    High-Visibility Memphis Retail Building

    Property size:
    8,215 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8,215 square foot freestanding retail building is ideally situated at 7053 Winchester Road in Memphis, Tennessee, offering unbeatable visibility and high traffic counts. Boasting a prime location with minimal setback, the property benefits from a large parking lot for tenant and customer use. The asking price is $1,800,000, translating to $219.11 per square foot. This owner-user investment opportunity presents a blank canvas for a variety of retail concepts, including but not limited to bank branches, quick-service restaurants, or full-service restaurants. The building's shell condition allows for complete customization to meet specific tenant requirements. The high-traffic location, with 40,825 vehicles passing daily, ensures significant exposure and potential for success. This property is strategically positioned alongside established national brands such as Walgreens, Chick-fil-A, American Freight, Starbucks, and Aaron's, creating a synergistic retail environment. The property is located in Shelby County, Tennessee, zip code 38125. The building's ample parking and prominent Winchester Road frontage make it an exceptional opportunity for a business seeking maximum visibility and accessibility. This is a rare chance to acquire a high-impact retail space in a thriving Memphis commercial corridor.

    Property Features for 7053 Winchester Rd

    General Information

    Property type
    Restaurants
    Square Feet
    8,215 SF

    Building Details

    Buildings
    1

    HighLights

    • Freestanding building on a large lot.
    • Ample parking available.
    • High traffic count: 40,825 vehicles per day.
    • Building is a shell, ideal for tenant improvements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8287197
    Latitude
    35.0486328

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    FAQs

    What type of property is this?
    Restaurant - High-Visibility Memphis Retail Building
    Where is this restaurant located?
    The property is located at 7053 Winchester Rd Memphis, TN.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Freestanding building on a large lot.; Ample parking available.; High traffic count: 40,825 vehicles per day.
    Request Owner's contact information
    7053 Winchester Rd Memphis, TN 38125
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7053 Winchester Rd Memphis, TN 38125
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