2655 Mount Moriah Rd Memphis, TN 38115
For Sale
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This exceptional commercial property at 2655 Mt Moriah Rd, Memphis, TN 38115, presents a lucrative investment opportunity. The 0.93-acre lot boasts a 1,500 square foot office building, ideal for administrative functions or expanded operations. The property's strategic location offers high visibility due to its prominent placement along Mt Moriah Road, further enhanced by a high-visibility monument pole sign. Two convenient points of ingress and egress from Mt Moriah Road ensure easy access for customers and employees. The expansive paved lot provides ample space for vehicle display, storage, and customer parking. The property is zoned CMU-3, offering flexibility for various automotive-related uses. This turnkey operation is priced at $550,000 and represents a rare chance to acquire a well-established and visible commercial property in a thriving Memphis location. The property's size, location, and existing infrastructure make it an attractive investment for both established businesses and new ventures seeking a strong foothold in the Memphis market. The existing building and ample paved lot provide immediate operational capabilities, minimizing upfront investment needs. This is a truly exceptional opportunity to own a high-visibility commercial property in a prime Memphis location.
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Elk Car Central Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CMU-3 · Memphis, TNMemphis. Always verify with local authorities before improvements.
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.