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    2905 Lamar Ave Memphis, TN 38114

    For Lease
    $15 SF/Yr ($4,041 /Mo)

    Automotive property featuring five bays, office, and gated parking.

    Property size:
    3,233 SF
    Lot size:
    3,233 SF

    Property Features for 2905 Lamar Ave

    General Information

    Size
    3,233 SF

    Source: Reynolds Willis Agent Reynolds Willis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Automotive Property with Five Bays

    This automotive property offers 3,233 square feet of space suitable for auto shops and other automotive businesses. The property features five bays and a small office. A gated parking lot provides added security. The location is within minutes of the Memphis International Airport and nearby Highway 240.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Atrom Transmissions Transmission Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Pressure World, 901Showtime, McCrary's Discount Muffler & Brake, S&S Auto Body & Tires, Raymonds Auto Repair

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9659663
    Latitude
    35.0897141

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    FAQs

    What type of property is this?
    Auto shop - Automotive property featuring five bays, office, and gated parking.
    Where is this auto shop located?
    The property is located at 2905 Lamar Ave Memphis, TN.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Automotive use with 5 bays; - Gated parking lot; - Small office included
    (901) 201-9323
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    2905 Lamar Ave Memphis, TN 38114
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    Memphis, TN 38114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2905 Lamar Ave Memphis, TN 38114
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