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    Property profile & analytics
    OFF-MARKET Estimated value $1,095,000
    Retail space

    3909 Elvis Presley Blvd, Memphis, TN 38116-5627

    9,116 SF 0.79 ac lot Built 1979
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US80-3367796
    Property summary
    AI-generated overview

    This exceptional 9,053-square-foot freestanding retail building presents a unique investment opportunity in Memphis, Tennessee. Located at 3909 Elvis Presley Boulevard, directly across from Graceland, this property boasts incredible visibility and high traffic counts, averaging 32,744 vehicles per day. The building is currently vacant, offering a blank canvas for a wide range of retail uses. Its prime location provides easy access to Interstate 55 and Southaven, Mississippi, ensuring convenient access for customers and employees. The property features one dock door for efficient loading and unloading. To maximize brand awareness, a pylon sign is available for lease. This is an unparalleled chance to establish a business in a high-traffic area with significant tourist appeal, benefiting from the constant flow of visitors to Graceland. The building's size and location make it ideal for a variety of retail concepts, from restaurants and shops to entertainment venues. The address is 3909 Elvis Presley Boulevard, Memphis, TN 38116, with a cross street of Graceland. This property offers a rare combination of high visibility, convenient access, and a strong location, making it a compelling investment opportunity.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1979
    Total area 9,116 SF
    Lot 0.79 ac (34,238 SF)
    Zoning code CMU-3
    APN 077-025- - -00006
    UPID US80-3367796
    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
    • Western Union Bank Credit Union
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.06M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $709k
    Blend (final) Blend
    $1.10M
    Owner & transaction history
    S3 Properties LLC · 3 yrs held
    S3 Properties LLC
    since 2023
    Last sale
    $1.1M
    7 recorded transactions
    2023
    $1.1M
    2016
    $750,000
    2010
    2010
    $352,000
    2006
    $197,000
    2004
    $150,000
    2003
    $39,500
    Zoning & alternative use
    CMU-3 · Memphis, TN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $1.3M +154.8%
    Office building $1.1M +112.4%
    Auto repair, garage $1.0M +103.4%
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