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$145,000
Est. payment /mo
7,650 SqFt
Active
1500 N Boykin Drive Memphis, TX 79245
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,650 sqft
Price per Sqft $18
MLS Listing ID 26-2230
Acres 0.65
Source Amarillo Association of REALTORS®
Property Description
Excellent commercial opportunity with high visibility and frontage along US Highway 287 in Memphis, Texas. This versatile commercial property sits on approximately 0.6511 acres and features a large building with an expansive asphalt parking area, providing convenient access and strong exposure for a wide variety of business uses.
The property has been utilized for multiple purposes over the years, including retail operations, a professional training facility with offices and conference rooms, storage space, and a house of worship, demonstrating the building's adaptability for many commercial applications.
Potential uses include retail showroom, professional offices, training or educational center, medical or therapy services, church or ministry facility, community or.....see more... or event space, coworking offices, fitness studio, call center, distribution or service business headquarters, and other commercial ventures.
Located in an area experiencing increasing economic activity driven by regional energy development, AI and data center investment, and growth throughout the Texas Panhandle and Rolling Plains, this property offers strong potential for business owners, investors, or organizations seeking a strategic location with highway access.
The property is currently tenant occupied on a month-to-month basis, with the tenant anticipating vacating by May 1, 2026, providing flexibility for owner-occupancy or future leasing opportunities.
Memphis is also located within a designated Opportunity Zone, which may provide potential tax advantages for qualifying investors. Buyers should consult their tax advisor regarding Opportunity Zone investment benefits.
NO TRESPASSING. PLEASE DO NOT ACCESS PROPERTY WITHOUT BEING ACCOMPANIED BY LISTING BROKER OR AN AGENT WHO HAS WRITTEN PERMISSION FROM LISTING BROKER.
As with any Exclusive Listing Agreement, owners are not to negotiate with any prospective buyers, but to refer all prospective buyers to the Listing Broker, so please do not contact any of the owners directly. Please direct all questions to Listing Broker.
This property is not for Rent, not for Lease and Owner Financing is not available.
The property has been utilized for multiple purposes over the years, including retail operations, a professional training facility with offices and conference rooms, storage space, and a house of worship, demonstrating the building's adaptability for many commercial applications.
Potential uses include retail showroom, professional offices, training or educational center, medical or therapy services, church or ministry facility, community or.....see more... or event space, coworking offices, fitness studio, call center, distribution or service business headquarters, and other commercial ventures.
Located in an area experiencing increasing economic activity driven by regional energy development, AI and data center investment, and growth throughout the Texas Panhandle and Rolling Plains, this property offers strong potential for business owners, investors, or organizations seeking a strategic location with highway access.
The property is currently tenant occupied on a month-to-month basis, with the tenant anticipating vacating by May 1, 2026, providing flexibility for owner-occupancy or future leasing opportunities.
Memphis is also located within a designated Opportunity Zone, which may provide potential tax advantages for qualifying investors. Buyers should consult their tax advisor regarding Opportunity Zone investment benefits.
NO TRESPASSING. PLEASE DO NOT ACCESS PROPERTY WITHOUT BEING ACCOMPANIED BY LISTING BROKER OR AN AGENT WHO HAS WRITTEN PERMISSION FROM LISTING BROKER.
As with any Exclusive Listing Agreement, owners are not to negotiate with any prospective buyers, but to refer all prospective buyers to the Listing Broker, so please do not contact any of the owners directly. Please direct all questions to Listing Broker.
This property is not for Rent, not for Lease and Owner Financing is not available.
Location
State TX
County Hall
Area 8020 - Memphis
Zoning 8000 - All areas in the 8000's
Direction From the intersection of US Hwy 287 and State Highway 256 (Noel St) in Memphis, go north for approximately 1.3 miles and property is located on the west side of the highway, between the Travel Lodge and Budget Inn.
Interior
Cooling Central Air
Exterior
Utilities Available Gas, Electric, City Sewer
Roof Type Built Up
Others
Tax ID Mayo Marrs Casing Pulling, LLC
Listed Chad Holland • Chad Holland Real Estate
NEARBY SCHOOL & BUSINESS
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