2360 Airways Blvd Memphis, TN 38114
Property profile & analytics
2360 Airways Blvd Memphis, TN 38114
- Retail space
- 9,180 SF
- 1.25 lot acres
Property ID
US80-0935185
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.
Location Intelligence
Current Use by Public Records
- Family Dollar / Discount Store
Property Details for 2360 Airways Blvd
- Year built
- 2012
- Lot size
- 1.25 lot acres
- Property size
- 9,180 SF
- Zone code
- CMU-1
- Property type
- Retail space
- APN
- 060-117- - -00042-C
- APU
- 06011700042C
Description
This freestanding convenience store building, located at 2360 Airways Blvd in Memphis, Tennessee, presents a compelling investment opportunity. The 9,369 square foot building, constructed in 2012, features durable cinder block construction, a metal roof, and energy-efficient LED lighting. The property sits on a 1.26-acre lot and boasts 35 parking spaces, including two ADA-compliant spots. With 209.38 feet of frontage on Airways Boulevard, a major thoroughfare with a daily traffic count of 20,253 vehicles, the building enjoys excellent visibility and accessibility. The CMU-1 zoning allows for a variety of uses. The building also benefits from 3-phase electrical service and the potential for expansion using existing parking space. Its proximity to I-240 Highway further enhances its strategic location. The asking price is $799,000, translating to $85.28 per square foot. Monument pylon signage is available. This property is ideal for an owner-user seeking a well-maintained, high-traffic location in a thriving Memphis market.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,525,000
- 6.5%
- $1,410,000
- 7%
- $1,310,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,304,000
- AI Estimate
- $1,324,000
Market price range: $339k - $1.30MMarket price range: $409k - $1.32M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,315,000
- OFFICE BUILDING
- $1,095,000
- AUTO REPAIR, GARAGE
- $890,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.9847
- Latitude
- 35.0811
- 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
$21,321
$40,960
$309,040
$350,000
-
$102,400
$772,600
$875,000
