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Property summary
The property is a retail space totaling approximately 1,008 square feet. It is located with frontage and visibility on Elvis Presley Boulevard and Shelby Drive, two heavily traveled transportation corridors connecting Whitehaven’s commercial areas to surrounding neighborhoods. The site is positioned just off I-55, approximately 2 miles from Memphis International Airport, and is across from Kroger and the Jewelry Exchange Center. Traffic counts cited for the frontage areas include approximately 22,285 Average Annual Daily Traffic (AADT) on Elvis Presley Boulevard and approximately 25,208 AADT on Shelby Drive.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
h. CMU-2 and CBD districts. Any convenience store with gas pumps or gas stations constructed in the CMU-2 and CBD districts after the effective date of this ordinance (ZTA 21 -2) or reactivated after one year of disconti…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
CMU-2 · Memphis, TNh. CMU-2 and CBD districts. Any convenience store with gas pumps or gas stations constructed in the CMU-2 and CBD districts after the effective date of this ordinance (ZTA 21 -2) or reactivated after one year of disconti…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
h. CMU-2 and CBD districts. Any convenience store with gas pumps or gas stations constructed in the CMU-2 and CBD districts after the effective date of this ordinance (ZTA 21 -2) or reactivated after one year of disconti…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CMU-2 in Memphis, TN.
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