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    3240 Austin Peay Hwy Memphis, TN 38128
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    Property profile & analytics

    3240 Austin Peay Hwy, Memphis, TN 38128

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    • Drive through restaurants
    • 666 SF
    • 0.51 lot acres
    Free Standing Corner Restaurant For Sale
    Contact for pricing

    Free Standing Corner Restaurant

    Restaurant for sale or lease near Raleigh Springs Civic Center.

    3240 Austin Peay Hwy, Memphis, TN 38128
    View Listing
    Property ID
    US80-1787047
    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

    • Checkers / Restaurant / Take-out & Catering

    Property Details for 3240 Austin Peay Hwy

    Year built
    1995
    Lot size
    0.51 lot acres
    Zone code
    CMU-2
    Property type
    Drive through restaurants
    APN
    085-017- - -00061
    APU
    8501700061

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 25, 2025 — Cook Out Millington INC Andrea S Klein Quitclaim Deed · related —
    Jun 25, 2025 $975,000 Cook Out Millington INC Andrea S Klein Special Warranty Deed —
    Jul 25, 2019 $1,500,000 Klein,andrea Tr Tri-state Restaurants LLC Grant Deed —
    Nov 1, 2013 $370,000 Tri-state Restaurants LLC Broadmoor Investment Corp Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9159
    Latitude
    35.2136
    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
    $6,201
    $45,160
    $56,640
    $101,800
    -
    $112,900
    $141,600
    $254,500
    View Listing
    More about this property
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