Raymond Guzman Realtors

1500 N Boykin Drive, Memphis, TX 79245

$145,000
Property Type: Commercial Square Footage: 7,650 Lot Size (sq. ft.): 28,361 Status: Active
Current Price: $145,000 Last Modified: 3/20/2026

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...

Supplements: 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.

More Information MLS# 26-2230

Contract Information

L/A Supervisor: Chad Holland Supervisor's Phone #: 806-205-0497 L/A Supervisor License Number: 515680-B Exchange For: Cash Directions: 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.

Property Information

To Be Auctioned: No Zone: 8000 - All areas in the 8000's Photos are Virtually Staged: No Realtor.COM Type: Commercial Lot Size Square Feet: 28361 Type: Office/Warehouse Square Foot Source: Appraisal District List Price Per Sq. Ft.: 18.95 Current Price: $145,000 List Price: $145,000 Area: 8020 - Memphis Status: Active Total SqFt. (+/-): 7650

Taxes and Legal Information

City: Memphis Legal: Tract 12, Section 20, Block 20, H & GN Ry. Co. Survey, Hall County, Texas. Common Name: 1500 N Boykin Drive House #: 1500 Street Name: N Boykin Drive State/Province: TX Postal Code: 79245 County: Hall

Road Frontage

City: 1 US Highway: 1

Commercial Zoning

Light Commercial: 1

Roof

Built Up: 1

Heating

Central Electric: 1

A/C

Central Air: 1

Ceiling Heights

8-10 ft: 1

Utilities Available

City Sewer: 1 Electric: 1 Gas: 1 Other Utilities: City Water

Walls

Concrete Blck Walls: 1 Sheet Rock: 1

Property Features

Commercial Zoning: Light Commercial Road Frontage: US Highway Ceiling Heights: 8-10 ft Heating: Central Electric Utilities Available: City Sewer; Electric; Gas Walls: Concrete Blck Walls; Sheet Rock Roof: Built Up
Listing Office: Chad Holland Real Estate
Listing Agent: Chad Holland
Last Updated: March - 20 - 2026
Information deemed reliable but not guaranteed.

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