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    2230 Chelsea Ave Memphis, TN 38108-1449

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    2230 Chelsea Ave Memphis, TN 38108-1449


    • Grocery and convenience stores
    • 900 SF
    • 0.22 lot acres
    Off-Market
    Property ID
    US80-0088515
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Royal Market / Gas Station

    Property Details for 2230 Chelsea Ave

    Year built
    1988
    Lot size
    0.22 lot acres
    Property size
    900 SF
    Zone code
    CMU-3
    Property type
    Grocery and convenience stores
    APN
    041-048- - -00011-C
    APU
    04104800011C

    Description

    This well-maintained gas station presents a lucrative investment opportunity in a bustling Memphis neighborhood. Located at 2230 Chelsea Ave, this commercial property offers significant potential for growth due to its high-traffic location. The property is classified as general commercial and is listed at $850,000. While the exact square footage isn't specified, the property's prime location within a busy area ensures consistent customer flow. The property sits on a lot with zero acres, indicating a compact and efficient layout optimized for its current use. The gas station itself is described as well-maintained, suggesting minimal immediate capital expenditure requirements. This turnkey operation is ideal for an investor seeking a profitable venture in a thriving Memphis market. The high volume of traffic passing the property translates to a substantial customer base, making this a strong contender for a stable and potentially expanding business. Serious inquiries are encouraged to explore this exceptional investment opportunity further. The property's location in Memphis, Tennessee, offers access to a robust infrastructure and a dynamic local economy. This is a chance to acquire a proven, established business with the potential for significant returns.


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    Location Insight

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    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9827
    Latitude
    35.1749
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $2,247
    $4,840
    $32,040
    $36,880
    -
    $12,100
    $80,100
    $92,200
    More about this property
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