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Listing Courtesy of: Assured Real Estate Services - 901-590-1527

Description for 1505 Elvis Presley Blvd

MLS# 10124510

Over 2 acres commercial space with 2 buildings currently used as Used Car Lot and Repair Shop. Great property for savvy investor business person.

General Features Property for Sale

  • Price
    $450,000
  • Listing Type
    Commercial
  • MLS#
    10124510
  • Style
    Commercial
  • Number of Stories
    1
  • Year Built
    1987
  • County
    Shelby
  • Subdivision
    Snowden & Pritchard
  • Approx. Lot Size
    2.339AC300X298.5IRR
  • Approx. Acreage*
    2.33

Additional Details

General

Foundation : Slab
Improved Sq Ft : 4080
Miscellaneous : Security System
Num Of Buildings : 2
Numof Offices : 6
Numof Restrooms : 4
Parking Facility : Asphalt/Blacktop, Secured, 31-75 Spaces
Tradeor Business Name : Mcclain Motors
Truck Loading Door Height : 16-20.9 Feet, 4-6 Doors
Type Usage : Retail, Office, Auto Service, Special Purpose

Financial

Annual City Tax : $4,441
Annual County Tax : $5,628
Tenant Pays : All Utilities

Interior

Average Ceiling Height : 8-10.9 Feet
Floors : Tile

Exterior

Construction : Brick/Veneer, Aluminum/Steel Siding, Fair Condition
Roof : Metal

Lot

Land Sq Ft : 101843
Location : City, Other (see Remarks)
Lot Num : 25
Road Frontage : City Street
Zoning : Retail

Equipment

Cooling System : Central Cooling
Heating System : Central, Gas, Hot Water/Steam
Hot Water : Gas Hot Water

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Market Research

This Property

  • $450,000

    List Price

  • 258

    Days on Website (May 20, 2022)

Memphis Commercial Values

  • $540,731

    Average List Price

  • 308

    Average Days on Market

  • $407,691

    Average Sold Price

  • 18,762

    Number of Properties for Sale

Request Details

Hi, Are you curious about this property? Contact us with any questions.

Listing Courtesy of: Assured Real Estate Services - 901-590-1527
Copyright © 2023 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but not guaranteed. Some or all of the listings displayed may not belong to the firm whose web site is being visited.