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Former Walgreens on Stoplight Corner 3489 Ramill Rd 13,370 SF Retail Building Memphis, TN 38128 $1,500,000 ($112.19/SF)
Executive Summary
Former Walgreens on Stoplight Corner
13,330 SF on 1.31 AC
•Zoned CMU-1
•Huge Parcel spanning a city block
•Huge Corner Lot at Ramill Rd. and Yale Rd.
•New Retailers Coming to the area: Laundromat, Beauty Supply, and More!
3489 Ramill is a rare find with frontage on the entire city block on Yale Road from Raleigh Millington to Ramill Road. Located on a stoplight corner allows for the best exposure possible. This is an excellent repurpose opportunity.
13,330 SF on 1.31 AC
•Zoned CMU-1
•Huge Parcel spanning a city block
•Huge Corner Lot at Ramill Rd. and Yale Rd.
•New Retailers Coming to the area: Laundromat, Beauty Supply, and More!
3489 Ramill is a rare find with frontage on the entire city block on Yale Road from Raleigh Millington to Ramill Road. Located on a stoplight corner allows for the best exposure possible. This is an excellent repurpose opportunity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,370 SF
Building Class
C
Year Built
1994
Price
$1,500,000
Price Per SF
$112.19
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.30 AC
Zoning
C-L - Commercial
Parking
60 Spaces (4.49 Spaces per 1,000 SF Leased)
Frontage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 13,370 SF
- Retail
- Outparcel
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 13,370 SF | Retail | Outparcel | Now |
1st Floor
| Size |
| 13,370 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $787,320 | |
| Land Assessment | $36,080 | Total Assessment | $823,400 |
Property Taxes
Parcel Numbers
Land Assessment
$36,080
Improvements Assessment
$787,320
Total Assessment
$823,400
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Former Walgreens on Stoplight Corner | 3489 Ramill Rd