5226 Us-61 Memphis, TN 38109
This exceptional 9,026-square-foot retail building, located at 5226 US Highway 61 in Memphis, Tennessee, presents a unique owner-user opportunity. Previously occupied by a Dollar General store, this vacant property is ideally situated near the intersection of Highway 61 and Clement, benefiting from high visibility and significant traffic volume—a reported 10,363 vehicles daily. The building's spacious layout offers ample room for a variety of retail uses, making it suitable for a grocery store or other storefront businesses. The asking price for this prime Memphis commercial property is $675,000. The property is classified as a retail space and is categorized as both a grocery store and storefront. Located in Shelby County, Tennessee, with a zip code of 38109, this property offers excellent potential for a savvy investor or business owner seeking a strategic location in a high-traffic area. The building's vacant status allows for immediate customization and occupancy to suit the buyer's specific needs. This is a rare opportunity to acquire a well-positioned retail space in a thriving Memphis market. The property's size and location make it an attractive investment for those seeking a strong return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.