3260 Hickory Hill RdMemphis, TN 38115

Property Details for 3260 Hickory Hill Rd

Year built

1985

Construction

FRAME

Lot size

0.86 AC

Property size (Sq ft)

6,998 SF

Zone code

CMU-1

Property type

Specialty properties

APN

093-100- - -00081

APU

9310000081

Description

This exceptional investment opportunity encompasses two buildings totaling 6,900-12,000 square feet on a 37,462 sq ft lot at 3260 & 3262 Hickory Hill Rd, Memphis, TN 38115. Built in 1985 and renovated in 2022, this Class C property features a blend of creative and traditional office spaces, along with retail suites. Currently, the property includes a securely leased pet boarding and grooming service (2-year lease) and several occupied barber and tattoo artist suites, generating immediate cash flow. Nine retail spaces are available, offering significant potential for customization and rental income growth. A second-story apartment provides additional residential or rental income opportunities. The property is zoned CMU-1 (Commercial Mixed Use-1) and offers ample parking. The asking price is $425,000, with month-to-month lease options available. This versatile property is ideal for investors and owner-occupiers seeking strong returns in a high-traffic area. The property is for sale by owner.

• Alternative Use

  Use

  Valuation

  Residential

  $1,154,117

  Hospitality

  $1,057,165

  Educational

  $879,549

  Medical

  $909,798

  Retail

  $1,368,187

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Latitude

35.0598

Longitude

-89.8653

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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