Selmer, TN Commercial Real Estate for Sale

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Commercial Land with Billboard
Updated: Feb 19
Commercial Land with Billboard

MULBERRY Ave, Selmer, TN 38375

$189,999
5.00 AC lot
5‑acre commercial land parcel
Existing Lamar billboard on the property
Current billboard lease contract expires in 2026
Located on Mulberry Ave in Selmer, TN 38375
In‑town location within McNairy County
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Retail Storefront with High Ceilings
Updated: May 1
Retail Storefront with High Ceilings

137 W COURT Ave, Selmer, TN 38375

$139,900
2,600‑square‑foot commercial building
Built in 1900
Retail floor area configured for displays and customer browsing
Storage rooms and areas for potential office use
High ceilings and natural light
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Flex Space with Showroom
Flex Space with Showroom

1058 MULBERRY Ave, Selmer, TN 38375

$142,500

Front-of-building retail and office areas are paired with storage on both the main level and upper floor.

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Flex Building with Showroom
Flex Building with Showroom

1058 Mulberry Ave, Selmer, TN 38375

$142,500
780 sqft

Flexible commercial building combining customer-facing space, offices, and storage across two levels.

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Land, Selmer, TN
Land, Selmer, TN

950 FEDDIE DAVIS Rd, Selmer, TN 38375

$189,900
40.50 AC lot

Residential land & home lots · 40.50 Acres

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Historic Storefront Building
Historic Storefront Building

133 W Court Ave, Selmer, TN 38375

$225,000
2,250 sqft 0.06 AC lot

Corner commercial building with exposed brick, tall ceilings, multiple entrances, and on-site parking in downtown Selmer.

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Commercial Land on Highway 45
Commercial Land on Highway 45

745 Mulberry Ave, Selmer, TN 38375

$239,900

Commercially zoned land along Highway 45 near Walmart offers a flexible setting for future development.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Selmer, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Self-Storage Facility with Office
Self-Storage Facility with Office

110 W Elzie Pounds Road, Stantonville, TN 38379

$475,000
9,000 sqft 1.35 AC lot

Recently built storage property with an on-site office, multiple unit sizes, and direct Highway 64 E exposure.

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Commercial Land with Existing Structure
Commercial Land with Existing Structure

4505 HIGHWAY 57, Ramer, TN 38367

$30,000

One-acre commercial parcel with utilities in place and an existing structure along a state highway.

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Multi-Building Industrial Warehouse
Multi-Building Industrial Warehouse

9093 142 Hwy, Stantonville, TN 38379

$299,900

Three metal structures provide substantial warehouse, workshop, storage, and truck-oriented commercial space on a large gravel yard.

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Warehouse with Roll-Up Doors
Warehouse with Roll-Up Doors

6927 45 Hwy, Ramer, TN 38367

$130,000

Industrial space positioned near the Hwy 45 and Hwy 57 corridors in Ramer.

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Off-Market Properties in Selmer, TN

Consider similar Off-Market properties in Selmer, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

112 Ct Ave
VACANT COMMERCIAL LAND

112 Ct Ave, Selmer, TN 38375-2102

Estimated value:
$80,000
2,205 sqft 0.05 AC lot
View details
1403 Mulberry Ave
COMMERCIAL (GENERAL)

1403 Mulberry Ave, Selmer, TN 38375

Estimated value:
$440,000
184.00 AC lot
View details
628 Mulberry Ave
DRIVE-THRU RESTAURANT, FAST FOOD

628 Mulberry Ave, Selmer, TN 38375-3241

Estimated value:
$240,000
2,580 sqft 3.80 AC lot
View details
835 Poplar Ave
HOMES (RETIRED, NURSING)

835 Poplar Ave, Selmer, TN 38375-1851

Estimated value:
$3,570,000
40,176 sqft 4.29 AC lot
View details
645 Mulberry Ave
DRIVE-THRU RESTAURANT, FAST FOOD

645 Mulberry Ave, Selmer, TN 38375-3242

Estimated value:
$1,420,000
3,119 sqft 1.14 AC lot
View details
615 Industrial Park Dr
COMMERCIAL (GENERAL)

615 Industrial Park Dr, Selmer, TN 38375-3279

Estimated value:
$80,000
14,800 sqft 4.95 AC lot
View details
144 Ct Ave
RETAIL STORES (PERSONAL SERVICES)

144 Ct Ave, Selmer, TN 38375-2102

Estimated value:
$65,000
2,375 sqft 0.06 AC lot
View details
213 Adams St
COMMERCIAL (GENERAL)

213 Adams St, Selmer, TN 38375-1327

Estimated value:
by Request
0.41 AC lot
View details
414 Falcon St
VACANT COMMERCIAL LAND

414 Falcon St, Selmer, TN 38375-3203

Estimated value:
$70,000
2,400 sqft 0.90 AC lot
View details
Pharr Ave
VACANT COMMERCIAL LAND

Pharr Ave, Selmer, TN 38375

Estimated value:
by Request
0.13 AC lot
View details
Frnt St
VACANT COMMERCIAL LAND

Frnt St, Selmer, TN 38375

Estimated value:
$315,000
0.17 AC lot
View details
122 4th St
WAREHOUSE, STORAGE

122 4th St, Selmer, TN 38375-2116

Estimated value:
by Request
5,000 sqft 0.16 AC lot
View details
113 Ct Ave
RETAIL STORES (PERSONAL SERVICES)

113 Ct Ave, Selmer, TN 38375-2101

Estimated value:
$55,000
1,820 sqft 0.06 AC lot
View details
131 Ct Ave
RETAIL STORES (PERSONAL SERVICES)

131 Ct Ave, Selmer, TN 38375-2101

Estimated value:
$55,000
5,250 sqft 0.12 AC lot
View details
259 Falcon St
COMMERCIAL (GENERAL)

259 Falcon St, Selmer, TN 38375-3201

Estimated value:
$140,000
896 sqft 8.00 AC lot
View details
Falcon Rd
VACANT COMMERCIAL LAND

Falcon Rd, Selmer, TN 38375

Estimated value:
$155,000
4.00 AC lot
View details
631 Mulberry Ave
MOTEL

631 Mulberry Ave, Selmer, TN 38375-3242

Estimated value:
$1,285,000
21,473 sqft 5.39 AC lot
View details

Selmer, TN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Selmer, TN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 3,030 square feet of properties for sale, with an estimated market value of $1,269,699.

Sale prices for business properties in Selmer, TN start at $139,900, averaging $181,385, and reaching up to $239,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 8,398
Population Growth (5Y) -4.7%
Median Household Income $50,108
College Educated 18.2%

High-Yield Neighborhoods for Investment

Identify Selmer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
38375 $190.8K

Taxes & Financing

Tax Rate (average for all types) 2.14%
Property Tax per SF $46.89 per SF
Tax Rate vs County Average 0.08 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in McNairy County

New Delisted

Total CRE Inventory on Market (SF)

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