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Cross-Docked Industrial Warehouse with Offices
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3495 Lamar Ave, Memphis, TN 38118

Crossdocked warehouse with 16 covered docks and office/lab space on 6.56 acres.

Property Size107,000 SF
Lot Size6.56 Acres
Price / SF$39.72
Days on Market1104

Property Features for 3495 Lamar Ave

General Information

Standard status Active
Size 107,000 SF
Total Parking Spaces 160
Lot size 6.56 Acres
Property subtype INDUSTRIAL

Warehouse & Industrial

Clear Height 16 ft
Dock-High Doors 16
Heavy Power Yes

Additional Details

Fenced Yard Yes
Listing Agency: NAI Saig Company - Memphis
Listed By: Brian Califf · License ##299669
Source: Moodyscre
Added: Jul 25, 2023 Changed: Jul 28 Last Checked: Jul 31 at 9:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Saig Company - Memphis

Investment Insights

Based on property information with market context.

Crossdocked industrial facility for sale totaling approximately 107,000 square feet on 6.56 acres (+/-). The warehouse area is approximately 80,000 square feet, supported by a conditioned interior with 16’ ceiling height. The office/lab area is approximately 27,000 square feet and could be demolished to add additional warehouse space. The property includes 16 covered docks and 160 total parking spaces, with 125 of those spaces fenced and gated.

Power and mechanical capacity include 1,600 amps of power and a 40 hp compressor. Refrigeration or loading support is reflected by one 30-ton unit, five 15-ton units, three 8.5-ton units, and one 7.5-ton unit.

The building is located about 1/10th of a mile from the Amazon delivery station on Pearson Rd, at 3495 Lamar Ave in Memphis, Tennessee.

Key Highlights

  • Crossdocked warehouse with 16 covered docks
  • Approx. 80,000 SF warehouse area plus approx. 27,000 SF office/lab area
  • 6.56 acres +/- with 100% conditioned space and 16' ceiling height

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Pharmacy Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
16
Dock-high doors
Yes
Heavy power
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

1,425
Businesses Nearby
Well-served
Demand for This Use

Demographics for 38118, TN

39,627
Population
16,317
Households
2.4
Avg Household Size
32
Median Age
12%
College-Educated
79%
High-School Grad
30.5 sq mi
ZIP Area
1,299
Density / Sq Mi
$42,464
Median Household Income
$30,431
Median Earnings
$1,105
Median Rent
$95,700
Median Home Value

Market

Properties on Market for Flex space in Shelby County

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Office in Memphis, TN

14.6% 2019
15% 2020
16.8% 2021
16.2% 2022
17.3% 2023
16.7% 2024
17.6% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Crossdocked warehouse with 16 covered docks and office/lab space on 6.56 acres.
Where is this flex space located?
The property is located at 3495 Lamar Ave Memphis, TN.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Crossdocked warehouse with 16 covered docks; Approx. 80,000 SF warehouse area plus approx. 27,000 SF office/lab area; 6.56 acres +/- with 100% conditioned space and 16' ceiling height
(901) 526-3100 Call to check price and availability
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