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    3495 Lamar Ave Memphis, TN 38118

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    For Lease
    $4,250,000

    107,000 SF industrial property with warehouse and office/lab space.

    Property size:
    107,000 SF
    Lot size:
    6.74 Acres

    Property Features for 3495 Lamar Ave

    General Information

    Size
    107,000 SF
    Lot size
    6.74 Acres

    Source: NAI Saig Company - Memphis Agent Brian Califf

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

    Overview

    Industrial Warehouse with Office/Lab Space

    This industrial property offers approximately 80,000 square feet of warehouse space and around 27,000 square feet of office/lab area. The office space can be demolished to expand the warehouse area. The property is fully conditioned and features a 16-foot ceiling height. It includes 160 total parking spaces, with 125 spaces fenced and gated. The electrical capacity is 1,600 amps, supported by a 40 hp compressor. The property is cross-docked with 16 covered docks. It is situated approximately 1/10th of a mile from the Amazon delivery station on Pearson Rd. The HVAC system includes one 30-ton unit, five 15-ton units, three 8.5-ton units, and one 7.5-ton unit. The property is situated on a 6.56-acre lot.
    Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    Storage Sense - Memphis, Park Place Storage & Logistics

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9475231
    Latitude
    35.0721633

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    FAQs

    What type of property is this?
    Warehouse - 107,000 SF industrial property with warehouse and office/lab space.
    Where is this warehouse located?
    The property is located at 3495 Lamar Ave Memphis, TN.
    What are key features of this property?
    This property features: - Located just 1/10th of a mile from the Amazon delivery station on Pearson Rd; - Crossdocked with **16 covered docks**; - Warehouse Area consists of approx. **80,000 feet**
    (901) 526-3100
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    3495 Lamar Ave Memphis, TN 38118
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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
    3495 Lamar Ave Memphis, TN 38118
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