4265 Hacks Cross RdMemphis, TN 38125

  • Drive through restaurants
  • 3,655 SF

Property Details for 4265 Hacks Cross Rd

Year built
2007
Lot size
0.78 AC
Property size (Sq ft)
3,655 SF
Zone code
CA
Property type
Drive through restaurants
APN
D02-42 - - -00447
APU
D024200447

Description

This exceptional freestanding restaurant building, located at 4265 Hacks Cross Road in Memphis, Tennessee, presents a unique opportunity for a discerning tenant. The property boasts a substantial 3,655 square feet of space, all currently vacant and ready for immediate occupancy. Its single-tenant configuration offers complete control and customization for your business. Situated on a generous 0.776-acre lot, the property provides ample parking for customers and staff, ensuring a convenient and comfortable dining experience. The building's prime location in Shelby County, with easy access to major roadways, guarantees high visibility and accessibility. The property is classified as retail and specifically as a freestanding restaurant, making it ideal for a variety of culinary concepts. The address is 4265 Hacks Cross Rd, Memphis, TN 38125. This is a rare opportunity to establish a thriving restaurant in a high-traffic area with significant potential for growth. The property's size and ample parking make it suitable for a wide range of restaurant styles and sizes. The vacant status allows for complete design and build-out to perfectly match your vision. Don't miss this chance to secure a prime location for your next culinary venture.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $774,142
    6.5%
    $714,593
    7%
    $663,551
  • Comparable approach

    Method
    Valuation
    Relative Method
    $718,058
    Geo Method
    $718,058
  • Alternative Use

    Use
    Valuation
    Residential
    $602,786
    Hospitality
    $552,149
    Educational
    $459,381
    Medical
    $475,180
    Retail
    $714,593

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.0321
Longitude
-89.7963
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$17,216
$158,880
$348,960
$507,840
-
$397,200
$872,400
$1,269,600

FAQs

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