1780 Frayser BlvdMemphis, TN 38127

Property Details for 1780 Frayser Blvd

Year built

1965

Lot size

3.34 AC

Property size (Sq ft)

25,876 SF

Zone code

CMU-2

Property type

Strip malls

Property subtype

Neighborhood centers

APN

070-058- - -00022

APU

7005800022

Description

This exceptional retail opportunity presents 30,948 square feet of prime commercial space within the Frayser Center, situated at 1780 Frayser Boulevard in Memphis, Tennessee, zip code 38127. Located on the northwest corner of Frayser Boulevard and North Watkins Street, this neighborhood center enjoys high visibility and accessibility within the thriving Frayser Trade Area. The property offers flexible space options, with a minimum divisible unit of 3,470 square feet and a maximum contiguous space of 18,707 square feet. Currently, a significant portion of the center is vacant, totaling 26,177 square feet, presenting a unique chance for businesses to establish a strong presence in this dynamic market. The property is classified as retail commercial space with multiple tenancy options. This is an ideal location for businesses seeking a well-established presence in a busy Memphis neighborhood. The property is located in Shelby County and offers a compelling opportunity for expansion or new ventures. The available space is perfect for a variety of retail uses, providing ample room for growth and development. Contact us today to learn more about this exciting opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $5,480,632

  6.5%

  $5,059,046

  7%

  $4,697,685

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,083,578

  Geo Method

  $5,083,578

• Alternative Use

  Use

  Valuation

  Residential

  $4,267,494

  Hospitality

  $3,909,002

  Educational

  $3,252,244

  Medical

  $3,364,093

  Retail

  $5,059,046

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Latitude

35.2182

Longitude

-90.0043

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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