This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
3023 Lamar Ave
Memphis, TN 38114
Land Development that has utilities on site · Land For Sale
·
3.81 AC
Investment Highlights
- Investment Opportunity
- For Sale or For Lease
- CMU1-CMU3 zoning
- Access to HWY-78
- Mobile Home Park
- easy access to 240 HWY
Property Facts
Description
Available for sale are 3.8 acres in Memphis, Tennessee. The land is currently being used as a mobile home park with 8 trailers currently rented ranging from 300 to 450 per pad. The area pad rental rates for the area range between $325.00 to $450.00 per pad. Per owner there is 65 pads on the location. This could be a great redevelopment project. There is a lot of potential and great location. The land, park and building is available for sale or for ground lease at (4800 triple net lease). There is a shell building on the front of the property that has been recently renovated by the seller. The area is zone for light commercial usage. Retail development; single family development, parking lot, cottages, mini storage, single family and 2-family development (Townhomes),etc. High traffic area with easy access to the 240 loop. zoned CMU1 and CMU3. The property consist of 3023, 3025 and 3035 Lamar
Property Taxes
| Parcel Number | 05-9031-0-0109 | Improvements Assessment | $48,960 |
| Land Assessment | $62,440 | Total Assessment | $111,400 |
Property Taxes
