1313 Boykin Dr. Dr Memphis, TX 79245
This exceptional commercial property, located at 1313 Boykin Dr. Drive in Memphis, Texas, presents a unique investment opportunity. Previously utilized as a restaurant, this building offers significant versatility and is ideally suited for a wide range of businesses. Its prime location boasts direct highway frontage on Highway 287, ensuring high visibility and accessibility for potential customers. The building's size is not specified, however, its strategic placement guarantees substantial foot and vehicle traffic, making it an attractive proposition for entrepreneurs seeking a thriving commercial space. The property sits on a zero-acre lot, making it a compact and manageable site. The asking price is $89,500, representing a compelling value for a property with such high-traffic exposure and adaptable layout. Given its past use as a restaurant, the building may already possess features beneficial to food service businesses, such as kitchen infrastructure or ample seating space. However, its adaptability extends beyond this, making it suitable for a variety of commercial ventures. This is a rare opportunity to acquire a well-situated commercial property in a dynamic location at an attractive price point. The highway frontage alone offers unparalleled marketing potential, ensuring your business enjoys maximum visibility and accessibility. Serious inquiries are encouraged to explore this promising 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
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.