You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Strip malls

4730 Riverdale Rd Memphis, TN 38141

20,320 SF 1.77 ac lot Built 1988
Entity Owned Free & Clear
Property ID
US80-2001925
Property summary
AI-generated overview

This exceptional retail opportunity, Gleneagles Court, presents 19,757 square feet of leasable space in a thriving Memphis, Tennessee location. Situated at 4730 Riverdale Rd, zip code 38141, this multi-tenant strip center offers a range of unit sizes, accommodating businesses seeking spaces from 1,015 square feet to a maximum contiguous space of 12,053 square feet. Ten individual spaces are currently available. The property boasts a high-traffic location at the corner of East Shelby Drive (29,009 vehicles per day) and Riverdale Road (25,450 vehicles per day), ensuring significant visibility and foot traffic for your business. Established tenants such as Kroger, Multiline Furniture, and Little Caesars Pizza already occupy the center, creating a strong and diverse tenant mix. This property is located in Shelby County and offers a prime opportunity for businesses seeking high visibility and accessibility in a busy commercial area of Memphis. The property is categorized as a retail strip center. Interested parties should inquire about available unit sizes and lease terms.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1988
Total area 20,320 SF
Lot 1.77 ac (77,058 SF)
Zoning code CMU-1
APN 093-718- -B-00001-C
UPID US80-2001925
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
  • Metro by T-Mobile Telecommunications Service
  • Loretta Adair, FNP Medical Clinic
  • Determined to be a Doctor Someday Physician
  • Multiline Furniture Furniture & Home Goods Home Decor Store
  • Jones Shermnae D DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$6.49M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.45M
Owner & transaction history
Gregory Realty Gp
Gregory Realty Gp
since 2025
Last sale
$8.1M
7 recorded transactions
2025
$8.1M
2020
Price N/A
2020
Price N/A
2020
$5.7M
2004
$7.8M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CMU-1 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

PRINCIPAL USE R6 RU-1 RU-3 CMU-1 CMU-2 CMP-2 Woodworking, including Cabinet Makers and Furniture Manufacturing □ ■ Warehouse □ □ Recycling Drop-off Facility □ □ □ Neighborhood Garden ■ ■ ■ ■ ■ ■ Planned Development1 □ □ □ 1. Planned Developments approved prior to the adoption of the University District Overlay (July 22, 2009) are not affected. Definitions Fo…

Zone name Commercial Mixed Use 1
General category MIXED_USE
Zone area 3,556.17 ac
Source CHAPTER 1
Top alternative use upside
Restaurant $6.3M +319.5%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message