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Property profile & analytics
FOR SALE
Auto shops

2655 Mount Moriah Rd Memphis, TN 38115

1,500 SF 0.93 ac lot Built 2013
Individually Owned ~ Est. High Equity
Property ID
US80-0104929
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2013
Construction FRAME
Total area 1,500 SF
Lot 0.93 ac (40,293 SF)
Zoning code CMU-3
APN 074-089- -E-00013-C
UPID US80-0104929
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Elk Car Central Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Rafat Khmous
Rafat Khmous
since 2025
Last sale
$525,000
4 recorded transactions
2025
$525,000
2021
Price N/A
2021
$425,000
2003
$486,500
Zoning & alternative use
CMU-3 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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