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2279 Lamar Ave - Lamar Gem 8,100 SF Specialty Building Offered at $250,000 in Memphis, TN 38114
INVESTMENT HIGHLIGHTS
- Prime Location
- Growth Potential
- Versatile Zoning
EXECUTIVE SUMMARY
This prime commercial property is located at the busy intersection of Lamar Avenue and Airways Boulevard, offering high visibility and heavy traffic flow. Surrounded by thriving businesses, it’s ideal for retail, logistics, or mixed-use development. The property boasts excellent connectivity with easy access to major highways and public transit, making it highly attractive for investors or owner-users. Positioned in a rapidly developing area, it presents significant growth potential and a strong opportunity for high ROI.
PROPERTY FACTS Under Contract
| Price | $250,000 | Lot Size | 0.53 AC |
| Price Per SF | $30.86 | Building Size | 8,100 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1938/1998 |
| Building Class | C | Parking Ratio | 0.86/1,000 SF |
| Zoning | CMU-3 - Lamar Avenue is zoned for commercial use on residential land, allowing for a versatile mix of developments. | ||
| Price | $250,000 |
| Price Per SF | $30.86 |
| Sale Type | Investment |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 0.53 AC |
| Building Size | 8,100 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1938/1998 |
| Parking Ratio | 0.86/1,000 SF |
| Zoning | CMU-3 - Lamar Avenue is zoned for commercial use on residential land, allowing for a versatile mix of developments. |
AMENITIES
- Signage
- Air Conditioning
1 1
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 04-7020-0-0121 | Improvements Assessment | $85,440 |
| Land Assessment | $31,040 | Total Assessment | $116,480 |
PROPERTY TAXES
Parcel Number
04-7020-0-0121
Land Assessment
$31,040
Improvements Assessment
$85,440
Total Assessment
$116,480
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2279 Lamar Ave - Lamar Gem
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