287 Highway - Freestanding FOR SALE


Memphis, TX 79245
$250,000 USD
806-922-5532
287 Highway, Memphis, TX for Sale
$250,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

287 Highway
Memphis, TX 79245


HIGHLIGHTS

  • 130 FT Highway Frontage Along US HWY 287

OVERVIEW

Discover an exceptional freestanding corner lot in Memphis, TX. With a land area of 0.75 acres and 130 ft of highway frontage along US HWY 287, this property offers incredible visibility. The 2,415 SF building, previously occupied by Pizza Hut, features central heat and air, city electricity and water, and two ADA compliant bathrooms. Ideal for various commercial ventures, this prime location presents a unique opportunity for entrepreneurs seeking a thriving business location.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Highway 287 Commercial Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,761 SF

ZONING

Commercial

APN/PARCEL ID

0205034

ASK ABOUT THIS PROPERTY

Shawn GillispieGillispie Land Group LLCMore Info
806-922-5532

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Shawn GillispieGillispie Land Group LLCMore Info
806-922-5532

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.