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    Memphis, TX
    Retail

    Memphis, TX Retail Properties & Spaces for Sale

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    Downtown Drug Store Property
    Updated: Aug 14
    Downtown Drug Store Property

    506 W Noel Street, Memphis, TX 79245

    $328,000
    1940 construction with brick veneer exterior
    Located on the town square at 506 W Noel Street
    Associated with Memphis Pharmacy
    Central air cooling
    Carpet and tile flooring
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    Highway-Frontage Auto Shop
    Updated: Apr 14
    Highway-Frontage Auto Shop

    1010 Boykin Drive, Memphis, TX 79245

    $150,000
    Tire shop on highway frontage of Interstate 287
    Includes storage buildings
    Tools, tires, and jacks included
    Additional items included with the sale
    View details
    Highway-Frontage Restaurant Building
    Highway-Frontage Restaurant Building

    1313 Boykin Dr., Memphis, TX 79245

    $79,500

    Commercial building with prior restaurant use and frontage along Highway 287 in Memphis.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Downtown Drug Store Building
    Downtown Drug Store Building

    506 W Noel Street, Memphis, TX 79245

    Contact for pricing
    4,999 sqft

    Established commercial property occupying a central position on the Memphis town square.

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    Historic Hotel With Retail Spaces
    Historic Hotel With Retail Spaces

    421 W Main Street, Memphis, TX 79245

    $295,000

    Large historic property with an owner’s apartment, restaurant areas, and multiple spaces for retail, dining, and events.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 5 Active listings in Memphis, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Mixed-Use Building
    Historic Mixed-Use Building

    141 N Main Street, Childress, TX 79201

    $485,000
    11,455 sqft 0.13 AC lot

    Two-story property with storefront, office, loft, and basement areas suited to multiple commercial and residential functions.

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    Turnkey Retail Showroom & Carports
    Turnkey Retail Showroom & Carports

    720 W 2nd Street, Clarendon, TX 79226

    $288,999
    4,288 sqft

    Turnkey, renovated showroom with high-clearance carports and detached storage for flexible retail, coffee, or restaurant use.

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    Clarendon Commercial Property For Sale
    Clarendon Commercial Property For Sale

    210 W 2nd Street, Clarendon, TX 79226

    $190,000
    7,525 sqft

    Former restaurant with warehouse and redevelopment potential in Clarendon, TX.

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    Historic Mixed-Use Corner Building
    Historic Mixed-Use Corner Building

    141 N Main Street, Childress, TX 79201

    $485,000
    0.13 AC lot

    Two-story commercial property with retail, office, loft residential, and basement areas in downtown Childress.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land on 1.46 Acres
    Commercial Land on 1.46 Acres

    3327 E 2nd Street, Clarendon, TX 79226

    Contact for pricing
    1.46 AC lot

    Commercial property with highway frontage and established utilities.

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    Two-Lot Commercial Land
    Two-Lot Commercial Land

    212 S Sims, Clarendon, TX 79226

    Contact for pricing
    0.32 AC lot

    Two lots positioned along Highway 287 provide a visible commercial land offering in Clarendon.

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    Off-Market Properties in Memphis, TX

    Consider similar Off-Market properties in Memphis, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1022 Boykin Dr
    Restaurants

    1022 Boykin Dr, Memphis, TX 79245

    Value Estimation by Request
    View details

    Memphis, TX Retail Properties & Spaces Market Trends and Statistics

    Explore 6 retail properties & spaces for sale in Memphis, TX, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 4,999 square feet of properties for sale, with an estimated market value of $852,500.

    Sale prices for stores in Memphis, TX start at $79,500, averaging $213,125, and reaching up to $328,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 3
    Drug stores 2
    Auto shops 1
    Automotive properties 1

    Demographics Overview

    Population 2,291
    Population Growth (5Y) -4.5%
    Median Household Income $46,667
    College Educated 21.7%

    High-Yield Neighborhoods for Investment

    Identify Memphis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    79245 $175.6K

    Taxes & Financing

    Tax Rate (average for all types) 2.07%
    Property Tax per SF $24.35 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hall County

    New Delisted

    Total CRE Inventory on Market (SF)

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