3171 N Thomas St - Freestanding FOR SALE


Memphis, TN 38127- Frayser
$180,000 USD
901-590-9997
3171 N Thomas St, Memphis, TN for Sale
$180,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

3171 N Thomas St
Memphis, TN 38127
Frayser


HIGHLIGHTS

  • Surrounded by national retailers including AutoZone, Subway, Walgreens, McDonald’s, and Dollar Tree.
  • Excellent access and traffic exposure from multiple directions.
  • Zoned CMU-1, allowing for various commercial uses.
  • High-visibility location with frontage on Thomas St and Marsh St.

OVERVIEW

This property offers a ±0.46-acre parcel located at the signalized intersection of Thomas Street and Marsh Street in Memphis, TN. The site benefits from strong visibility and dual street frontage, making it highly accessible from multiple directions. Zoned CMU-1, the property supports a range of commercial uses, including small retail, quick-service restaurants (QSR), office, or owner-user development. Its location provides excellent traffic exposure and is surrounded by national retailers such as AutoZone, Subway, Walgreens, McDonald’s, and Dollar Tree, enhancing its appeal for businesses seeking a high-traffic corridor.

FOR SALE DETAILS

PRICE

$180,000 USD

PRICE/SF

$32 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,691 SF

ZONING

CMU-1

APN/PARCEL ID

06-9031-0-0013

ASK ABOUT THIS PROPERTY

James McCraw, CCIMNAI Saig CompanyMore Info
901-590-9997

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James McCraw, CCIMNAI Saig CompanyMore Info
901-590-9997

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.