Search
Auto Shop Property with Second Building
For Sale
$300,000

2408 LAMAR Ave, Memphis, TN 38114

Commercial/Industrial, Memphis, TN

Property SizeContact for details
Days on Market48

Property Features for 2408 LAMAR Ave

General Information

Property type Commercial Sale
Property subtype Other
Subdivision MP DEADRICK
Standard status Active

Taxes and HOA fees

Tax Annual Amount 1113

Building Details

Year built 1972
Listing Agency: Keller Williams · Keller Williams Realty
Listed By: Myles Wilson · License #342620
Added: Jul 9 Changed: Aug 19 Last Checked: Aug 25 at 3:06PM
MLS# 10225775

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 offering combines the properties at 2408 and 2402 Lamar Avenue. The 2402 building is identified as an auto body shop, while the 2408 property is described for auto body, restaurant, beauty supply, office, or retail use. The buildings date to 1972 and are located in Memphis, Tennessee, within ZIP code 38114.

Key Highlights

  • Two properties at 2408 and 2402 Lamar Avenue sold together
  • 2402 Lamar Avenue is identified as an auto body shop
  • 2408 Lamar Avenue is described for auto body, restaurant, beauty supply, office, or retail use

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Kitchen & Bath Showroom Garden 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.

Location Intelligence

Trade Area within ½ mile

559
Businesses Nearby
74k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 57% Shops & Services 37% Electronics 5%
McDonald's Dining
19,587 visits/mo 0.1 miles
Popeyes Louisiana Kitchen Dining
9,100 visits/mo 0.4 miles
Burger King Dining
8,132 visits/mo 0.1 miles
Dollar General Shops & Services
6,371 visits/mo 0.4 miles
Marathon Shops & Services
5,997 visits/mo 0.2 miles

Demographics for 38114, TN

23,559
Population
12,252
Households
1.9
Avg Household Size
38
Median Age
14%
College-Educated
82%
High-School Grad
7.6 sq mi
ZIP Area
3,100
Density / Sq Mi
$32,080
Median Household Income
$28,570
Median Earnings
$897
Median Rent
$79,000
Median Home Value

Market

Vacancy Rate% for Retail in Memphis, TN

6.5% 2019
6.9% 2020
6.3% 2021
4.9% 2022
5% 2023
5.2% 2024
6.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Suma Auto Sales 2199 Frisco Ave, Memphis, TN 38114
  • TAPIA AUTO REPAIR 2807 Lamar Ave, Memphis, TN 38114
  • MJM paint and Body 2364 Kimball Ave, Memphis, TN 38114
  • Modern Performance Auto Diagnostics 2715 Lamar Ave, Memphis, TN 38114
  • Muscle Car Mechanic 2717 Lamar Ave, Memphis, TN 38114

Frequently Asked Questions

What type of property is this?
Auto shop - Two Lamar Avenue properties include an identified auto body shop and a second building described for several commercial uses.
Where is this auto shop located?
The property is located at 2408 LAMAR Ave Memphis, TN.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two properties at 2408 and 2402 Lamar Avenue sold together; 2402 Lamar Avenue is identified as an auto body shop; 2408 Lamar Avenue is described for auto body, restaurant, beauty supply, office, or retail use
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message