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Approved Self-Storage Development Site

2899 LAMAR Ave lot Pt Memphis, TN 38114

2899 LAMAR Ave lot Pt, Memphis, TN, 38114
$395,000
For Sale
$395,000

LAND - Memphis, TN

Property Size78,843 SF
Lot Size1.81 Acres
Price / SF$5.01
Days on Market114

Property Features for 2899 LAMAR Ave lot Pt

General Information

Property type
Land
Property subtype
Other
Zoning
CMU-3
Standard status
Active
Size
78,843 SF
Lot size
1.81 Acres

Taxes and HOA fees

Tax Annual Amount
1257
Listing agency KAIZEN Realty, LLC
Listed by Ali Nawaz
Added: Apr 1 Updated: May 28 at 12:13PM Checked: Jul 23 at 12:06AM
MLS# 10218176

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This commercial development opportunity is located along Lamar Avenue in Memphis, Tennessee. The site measures approximately 1.81 acres, equivalent to 78,843 square feet. Zoned CMU-3, the property has city-approved plans for self-storage development. Located along Lamar Avenue, the site benefits from high visibility, frontage, and direct access to a primary industrial and commuter route. Traffic data indicates 30,000 to 45,000 vehicles per day on Lamar Avenue near the site, with heavy truck usage due to the I-22 / US-78 freight corridor, airport logistics, and industrial distribution.

Key Highlights

  • Approved self‑storage site, significantly reducing entitlement timelines.
  • CMU‑3 zoning allows for a variety of commercial uses.
  • High‑traffic location on Lamar Avenue with 30,000‑45,000 vehicles per day.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

FAQs

What type of property is this?
Commercial land - 1.81-acre commercial land with approved self-storage plans.
Where is this commercial land located?
The property is located at 2899 LAMAR Ave lot Pt Memphis, TN.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Approved self‑storage site, significantly reducing entitlement timelines.; CMU‑3 zoning allows for a variety of commercial uses.; High‑traffic location on Lamar Avenue with **30,000‑45,000 vehicles per day**.
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