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3254 Elvis Presley Blvd
Memphis, TN 38116
Retail Property For Sale

Investment Highlights

  • Prime Location: Situated on Elvis Presley Blvd in the Whitehaven neighborhood, just minutes from Memphis International Airport and Graceland.
  • High Visibility: Features pylon signage and 24-hour access along a major traffic corridor with strong commercial presence.
  • Large Lot: Approximately 2.63 acres zoned C-L (Commercial), ideal for retail, mixed-use, or redevelopment projects.
  • Development Potential: Flexible zoning supports uses like restaurants, auto shops, or self-storage; ample surface parking available.

Executive Summary

Former Auto Dealership and Maintenace Facility. Currently a Mixed-Use rental property. Nearly 4 acres of land.

Property Facts

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,000 SF
Building Class
C
Year Built/Renovated
1964/2020
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.01
Lot Size
2.63 AC
Zoning
C-L - Light Commercial Zoning
Parking
20 Spaces (20 Spaces per 1,000 SF Leased)
Frontage
147’ on Commercial Pky

Amenities

  • 24 Hour Access
  • Pylon Sign
  • Signage
  • Wheelchair Accessible
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
07-8002-0-0002C
Land Assessment
$105,520
Improvements Assessment
$258,280
Total Assessment
$363,800
  • Listing ID: 31093812

  • Date on Market: 3/1/2024

  • Last Updated:

  • Address: 3254 Elvis Presley Blvd, Memphis, TN 38116

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