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    6740 Winchester Rd Memphis, TN 38115

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    Property profile & analytics

    6740 Winchester Rd Memphis, TN 38115


    • Strip malls
    • 23,655 SF
    • 19.68 lot acres
    High-Visibility Retail Center for Lease For Lease
    $6,470,000

    High-Visibility Retail Center for Lease

    Retail center with high traffic, strong tenant mix, recent upgrades.

    6740 Winchester Rd, Memphis, TN 38115
    View Listing
    Property ID
    US80-0163058
    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
    $6,470,000
    Cap Rate Potential
    4.5%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • Subway / Take-out & Catering

    Property Details for 6740 Winchester Rd

    Year built
    1987
    Lot size
    19.68 lot acres
    Property size
    23,655 SF
    Zone code
    CA
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    093-500- - -00289-C
    APU
    09350000289C

    Description

    Winchester Court Shopping Center, a Class A retail property in Memphis, Tennessee, presents a significant leasing opportunity. This established center, located at 6740 Winchester Rd, zip code 38115, boasts a total of 259,380 square feet across six single-story buildings situated on 21.6 acres of land. The property features ample parking with 2045 spaces available for customers and tenants. Currently, there is 23,904 square feet of vacant space available for lease, previously occupied as a movie theater. This presents a unique opportunity for a variety of retail uses. The property is zoned CA and has a Shelby County APN of 09-3500-0-0289C. Built in 1986, the center benefits from its established location and high visibility. The substantial size of the vacant space allows for significant flexibility in tenant configuration and potential for a large-scale retail operation. Interested parties should note the significant square footage available and the prime location within a well-established shopping center. The property offers a strong foundation for a successful retail venture. Further details regarding lease terms and conditions are available upon request.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $6,295,000
      ML approach
      $6,445,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,745,000
      6.5%
      $4,380,000
      7%
      $4,065,000
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $7,285,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8413
    Latitude
    35.0507
    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
    $73,100
    $815,400
    $384,600
    $1,200,000
    -
    $2,038,500
    $961,500
    $3,000,000
    View Listing
    More about this property
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