7300 Winchester RdMemphis, TN 38125

Property Details for 7300 Winchester Rd

Year built

1995

Lot size

5.00 AC

Property size (Sq ft)

21,001 SF

Zone code

RS-15

Property type

Automotive properties

APN

093-500- - -00445

APU

9350000445

Description

This exceptional 5-acre property at 7300 Winchester Road in Memphis, Tennessee, presents a remarkable opportunity for an auto dealership or redevelopment project. The property boasts a substantial 22,000 square feet of net rentable space spread across three buildings, each two stories high. Built in 1995 and extensively renovated in 2022, this Class A property features a showroom, ample office space (both upstairs and downstairs), a dedicated shop area, and a detailing facility. The site includes prominent pylon signage and lot lighting, enhancing its visibility and appeal. Previously a Mazda dealership, this location is ideally suited for a major brand dealership or creative repurposing. Its strategic location less than a mile from the new TopGolf facility, coupled with its proximity to major retailers and highways, ensures high traffic and excellent accessibility for customers throughout greater Memphis and North Mississippi. The property's commercial zoning allows for diverse uses. Additional features include the convenience of nearby Sam's Club and Costco. The upstairs office space presents a potential income stream through leasing. This is a turnkey operation with significant recent owner investment. The property is offered for sale by the owner.

• CAP approach

  CAP return

  Valuation

  6%

  $4,448,090

  6.5%

  $4,105,929

  7%

  $3,812,648

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,125,840

  Geo Method

  $4,125,840

• Alternative Use

  Use

  Valuation

  Residential

  $3,463,504

  Hospitality

  $3,172,552

  Educational

  $2,639,526

  Medical

  $2,730,303

  Retail

  $4,105,929

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Latitude

35.05

Longitude

-89.8208

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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