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3011 S 3RD ST Memphis, TN $ 2,500,000
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$ 2,500,000 Get more info
3011 S 3RD ST
$ 2,500,000
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3011 S 3RD ST

Memphis, TN, 38109
$ 2,500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 17,267

3011 S 3RD ST, Memphis, TN 38109 - Image 1
3011 S 3RD ST, Memphis, TN 38109 - Image 2
3011 S 3RD ST, Memphis, TN 38109 - Image 3
3011 S 3RD ST, Memphis, TN 38109 - Image 4
3011 S 3RD ST, Memphis, TN 38109 - Image 5

Commercial Property for sale in Memphis, TN

for $2,500,000. This building was built in 2025.

A rare chance to acquire a brand-new (July 2025) Valero station on a high-traffic Memphis corridor. This turnkey 24/7 operation is generating $3.84M+ annualized revenue with significant upside, as beer/wine, lottery, and full EBT are not yet active. Verified performance includes 82K–99K+ monthly fuel gallons, $79K–$110K+ inside sales, 860+ daily customers, and $25K–$32K/month in hot food (47% attach rate, far above industry norms). Major upside: beer/wine (10-door cooler built), Tennessee lottery, and optimized EBT could add $250K–$460K+ annually. Includes three parcels with expansion potential (additional pumps). Brand-new ~2,440 SF store with modern POS, kitchen, canopy, and strong visibility at US Hwy 61 & Peebles Ave (43K+ population).

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Commercial Active

Price

$ 2,500,000

Property Type

Commercial

Taxes

$ 1,900

Style

Retail

Year Built

2025

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10234008
Features
General
Roof Metal
Zoning CMU-3
Status Active Active
Legal Subdivision Name WS HIGHWAY 61 NW COR PEEBLES ROAD
Stories Count 1
County Shelby
Class Commercial/Industrial
Type Commercial
Area 747S South Memphis/61 Hwy
Road Frontage State/County Road
Miscellaneous Security System
Sale/Rent For Sale
Status Detail 0
Location City
Year Built 2025
Directions Head toward Rufus Thomas Blvd Turn left onto S 4th St Turn right onto Gayoso Ave Turn right onto S Danny Thomas Blvd Turn right onto E E.H. Crump Blvd Turn left onto S Third St (pass Church’s T
City Memphis
DOM 0
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Exterior
Foundation Slab
Number of Buildings 1
Lot Size 13 389 sq ft
Parking Facility Concrete
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Interior
Hot Water Electric Hot Water
Floors Tile
Heating Central
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* Excluded Features
List By
Fast Track Realty, Llc

Broker

Affordability Calculator

$17,425
Per Month
99%
1%
0%
Monthly Principal & Interest
$17,267
Monthly Property Taxes
$158
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
11/7/2026$2,500,000 Listed Price

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3011 S 3RD ST, Memphis, TN, 38109 is a Commercial Property for sale at $2,500,000. 3011 S 3RD ST was built in 2025. The property's zip code is 38109 which is in Memphis, TN

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