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    700 Mount Moriah Rd Memphis, TN 38117

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    Property profile & analytics

    700 Mount Moriah Rd Memphis, TN 38117


    • Strip malls
    • 7,245 SF
    • 0.55 lot acres
    Renovated Retail Building in East Memphis For Sale
    $1,790,000
    7,245 SF

    Renovated Retail Building in East Memphis

    7,245 SF renovated retail building in prime East Memphis location.

    700 Mt Moriah Road, Memphis, TN 38117
    View Listing
    Property ID
    US80-1056336
    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
    5%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • Goodwill Donation Center / Charitable Organization
    • Lennys Grill & Subs / Take-out & Catering
    • Uptech Computer / Computer & Electronic Repair

    Property Details for 700 Mount Moriah Rd

    Year built
    1976
    Lot size
    0.55 lot acres
    Property size
    7,245 SF
    Zone code
    CMU-3
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    065-043- - -00001
    APU
    6504300001

    Description

    This exceptional 7,235 square foot retail building is strategically located in the vibrant East Memphis area, directly adjacent to the new Williamsburg Village Phase II Development. The property boasts a single, large suite currently offering 1,600 square feet of immediately available space, perfect for a variety of retail uses. The entire building totals 7,235 square feet, presenting an opportunity for expansion or consolidation depending on tenant needs. Situated in Shelby County, Tennessee, with a Memphis address (700 Mt Moriah Rd, zip code 38117), this location benefits from high visibility and excellent access to major thoroughfares. The property's prime location within a thriving commercial district ensures strong foot traffic and convenient access for customers. This presents a rare opportunity to establish a presence in a rapidly developing area with significant growth potential. The building's size and layout offer flexibility for customization to suit specific business requirements. This is an ideal location for businesses seeking high visibility and a strong customer base in a dynamic East Memphis neighborhood. The property is classified as commercial retail with multiple tenancy capabilities. Serious inquiries are encouraged to explore this outstanding retail opportunity.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,760,000
      ML approach
      $1,745,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,455,000
      6.5%
      $1,340,000
      7%
      $1,245,000
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $2,230,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8949
    Latitude
    35.1119
    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
    $19,834
    $79,360
    $246,240
    $325,600
    -
    $198,400
    $615,600
    $814,000
    View Listing
    More about this property
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