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    3909 Elvis Presley Blvd Memphis, TN 38116

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    3909 Elvis Presley Blvd Memphis, TN 38116


    • Retail space
    • 9,116 SF
    • 0.79 lot acres
    Retail Space Near Graceland For Lease
    $1,095,000

    Retail Space Near Graceland

    Retail space for rent with high visibility near Graceland.

    3909 Elvis Presley Blvd, Memphis, TN 38116
    View Listing
    Property ID
    US80-3367796
    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
    $1,095,000
    Cap Rate Potential
    9.9%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Western Union / Bank / Credit Union

    Property Details for 3909 Elvis Presley Blvd

    Year built
    1979
    Lot size
    0.79 lot acres
    Property size
    9,116 SF
    Zone code
    CMU-3
    Property type
    Retail space
    APN
    077-025- - -00006
    APU
    7702500006

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,080,000
      ML approach
      $1,060,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $709,000
      Market price range: $270k - $709k
      AI Estimate
      $992,000
      Market price range: $320k - $1.02M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,305,000
      OFFICE BUILDING
      $1,085,000
      AUTO REPAIR, GARAGE
      $1,040,000
      APARTMENT HOUSE (5+ UNITS)
      $810,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0256
    Latitude
    35.0422
    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
    $21,538
    $76,320
    $277,240
    $353,560
    -
    $190,800
    $693,100
    $883,900
    View Listing
    More about this property
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