Current Use by Public Records
- Specialty properties
Property Details for 7980 Clb Dr
- Year built
- 1994
- Lot size
- 2.00 lot acres
- Property type
- Specialty properties
- Property subtype
- Car washes
Description
This exceptional 3,377-square-foot property, located at 7980 Club Drive in Memphis, Tennessee, presents a unique investment opportunity. Situated on a two-acre lot in the heart of Cordova, this former car wash boasts convenient access and proximity to additional land should expansion be desired. Built in 1994, the single-story building is zoned for car wash use (CAR WASH MNL) and offers immediate availability, with an occupancy date of May 22, 2023. The asking price is $318,000, translating to $94.17 per square foot. The property is being sold "as is," with no warranties. While most recently used for plumbing operations and supply, the site is well-suited for redevelopment or refurbishment as a car wash. Note that the sale does not include the adjacent cell tower. This property offers a quick sale opportunity for an astute investor seeking a prime location in a thriving area. The property's size and zoning provide significant flexibility for a variety of potential uses. Its strategic location in Cordova ensures high visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. The availability of adjacent land offers potential for future expansion or development.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.7965
- Latitude
- 35.163
