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Property summary
The property is a freestanding restaurant building totaling 5,762 square feet on an approximately 1.2-acre site. It is configured for food-service use in a stand-alone format, supporting independent operations with on-site space for day-to-day restaurant functions. The building is situated within a dense commercial retail setting adjacent to multiple quick-service and retail users, including Captain D’s and Taco Bell, with additional nearby retailers such as Home Depot, Burlington, Marshalls, Aaron’s, CVS, Walgreens, Starbucks, Piccadilly, AutoZone, Dollar General, and Subway. Vehicular traffic in the area is supported by roadways including Covington Pike and Stage Rd, with documented average annual daily traffic volumes of 36,474 AADT on Covington Pike and 29,667 AADT on Stage Rd.
Property profile
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Location
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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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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…
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