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    7990 Horizon Center Blvd Memphis, TN 38133

    Sponsored
    For Sale
    $1,200,000

    Fully equipped, 7,774 SF restaurant on 2.57 acres.

    Property size:
    7,774 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7,774 square foot freestanding restaurant building is situated on a highly desirable 2.57-acre lot in Memphis, Tennessee. The property boasts a prime location, offering unparalleled visibility and accessibility. Its strategic placement adjacent to a Hyatt Place hotel and the Commons at Wolfcreek Shopping Center ensures high foot traffic and significant brand exposure. Furthermore, its proximity to the Wolfchase Galleria Mall and its frontage road access to Interstate 40 guarantees substantial vehicular traffic. The property benefits from exceptional daily traffic counts, with Interstate 40 registering 103,701 vehicles and Germantown Parkway recording 73,408 vehicles. The building is fully equipped, making it an ideal turnkey opportunity for restaurateurs seeking a well-established and high-traffic location. The asking price for this remarkable property is $1,200,000. This presents a unique investment opportunity in a thriving Memphis commercial corridor. The property's size, location, and existing infrastructure make it an attractive proposition for both established and emerging restaurant businesses. The address is 7990 Horizon Center Blvd, Memphis, TN 38133.

    Property Features for 7990 Horizon Center Blvd

    General Information

    Property type
    Restaurants
    Square Feet
    7,774 SF
    Lot Size
    111,949 SF

    HighLights

    • 7,774 SF fully equipped freestanding restaurant building on 2.57 acres for sale.
    • Asking price: $1,200,000.
    • Located in Memphis, TN, at 7990 Horizon Center Blvd, near I‑40, with high traffic counts (I‑40: 103,701 AADT; Germantown Pkwy: 73,408 AADT).
    • Adjacent to Hyatt Place and Commons at Wolfcreek Shopping Center, across from Wolfchase Galleria Mall.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.7965747
    Latitude
    35.1958774

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    FAQs

    What type of property is this?
    Restaurant - Fully equipped, 7,774 SF restaurant on 2.57 acres.
    Where is this restaurant located?
    The property is located at 7990 Horizon Center Blvd Memphis, TN.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 7,774 SF fully equipped freestanding restaurant building on 2.57 acres for sale.; Asking price: $1,200,000.; Located in Memphis, TN, at 7990 Horizon Center Blvd, near I-40, with high traffic counts (I-40: 103,701 AADT; Germantown Pkwy: 73,408 AADT).
    Request Owner's contact information
    7990 Horizon Center Blvd Memphis, TN 38133
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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
    7990 Horizon Center Blvd Memphis, TN 38133
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