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Automotive Shop with Drive-Through Bays

2421 Lamar Ave, Memphis, TN 38114

For Sale
Contact for pricing

CMU-3 zoning, gated fencing, and on-site parking complement the shop and its service areas.

Property Size7,400 SF
Price / SF$40.54
Days on Market35

Property Features for 2421 Lamar Ave

General Information

Standard status Active
Size 7,400 SF
Total Parking Spaces 40
Property subtype Retail
Zoning CMU-3

Site & Location

Neighborhood Kingdom Community Builders
Fenced Yard Yes

Automotive

Service Bays 4
Automotive Uses auto repair

Additional Details

Real Estate Included Yes

Amenities

office space
bathrooms
storage area
Listing Agency: Memphis Commercial & Industrial
Listed By: Stefan Feick
Source: Crexi
Added: Oct 6 Changed: Nov 8 Last Checked: Nov 8 at 2:57PM

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 Memphis Commercial & Industrial

Rey
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Investment Insights

Based on property information with market context.

The 7,400-square-foot automotive shop has eight service doors in 12-by-12-foot and 12-by-14-foot sizes, including four drive-through bays. Office space totals 1,800 square feet and includes three bathrooms. The property also has a 2,000-square-foot storage area with racking, and is enclosed by fencing with gates.

Located at 2421 Lamar Ave in Memphis, the property is zoned CMU-3 and has approximately 40 parking spaces. Equipment offered with the property in its current condition includes seven lifts—two twin-post, two four-post, and three floor lifts—along with two 80-gallon shop compressors, two laser alignment posts, and a tire machine.

Key Highlights

  • 7,400‑square‑foot automotive shop with eight 12' x 12' and 12' x 14' doors
  • Four drive‑through bays
  • 1,800 square feet of office space and three bathrooms

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Dental Office Garden Center Plumbing Service

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

4
Service bays
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

540
Businesses Nearby
65k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 51% Shops & Services 42% Electronics 6%
McDonald's Dining
19,587 visits/mo 0.3 miles
Burger King Dining
8,132 visits/mo 0.2 miles
Dollar General Shops & Services
6,371 visits/mo 0.5 miles
Marathon Shops & Services
5,997 visits/mo 0.3 miles
AutoZone Shops & Services
5,338 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Tire Wholesale Queen — 2160 Dunn Ave, Memphis, TN 38114
  • Immaculate Auto Sales — 2160 Dunn Ave, Memphis, TN 38114
  • National Autow — 2217 freemont rd, memphis, tn 38114
  • Flag City Towing Inc — 2224 Freemont Rd, Memphis, TN 38114
  • Trinity Services Company — 2174 Freemont Rd, Memphis, TN 38114

Frequently Asked Questions

What type of property is this?
Auto shop - CMU-3 zoning, gated fencing, and on-site parking complement the shop and its service areas.
Where is this auto shop located?
The property is located at 2421 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: 7,400‑square‑foot automotive shop with eight 12' x 12' and 12' x 14' doors; Four drive‑through bays; 1,800 square feet of office space and three bathrooms
(901) 415-9812 Call to check price and availability
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