Search
Multi-Tenant Neighborhood Retail Center

2713 LAMAR Ave, Memphis, TN 38114

For Sale
New
$650,000

Commercial/Industrial, Memphis, TN

Property Size10,948 SF
Lot Size0.57 Acres
Price / SF$59.37
Days on Market1

Property Features for 2713 LAMAR Ave

General Information

Property type Commercial Sale
Property subtype Other
Subdivision La Belle Heights Blk 89
Standard status Active
Lot size 0.57 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Taxes and HOA fees

Tax Annual Amount 4178

Building Details

Year built 1948
Listing Agency: Keller Williams · Keller Williams Realty
Listed By: Erica Johnson
Added: Nov 7 Last Checked: Nov 7 at 4:06PM
MLS# 10234002

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This neighborhood retail center contains 10,948 square feet across a 0.57-acre site, with 23 parking spaces. The building dates to 1948 and is configured with six storefronts: four are occupied, while two are vacant. Existing businesses represent restaurant, retail, and automotive service uses. One vacant unit is equipped for a beauty or nail salon; the other can be fitted out by a future tenant.

The property is on Lamar Avenue in Memphis, Tennessee, within a commercial corridor and with access to major Memphis thoroughfares. Tenant operations should not be disturbed.

Key Highlights

  • 10,948‑square‑foot retail center on 0.57 acres
  • Four occupied storefronts and two vacant spaces
  • 23 parking spaces

Property Analytics

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

Current Use

Greek Wear (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Skin Care Clinic 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

389
Businesses Nearby
23k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 75% Dining 25%
Regions Bank Shops & Services
5,970 visits/mo 0.3 miles
Little Caesars Pizza Dining
5,687 visits/mo 0.1 miles
BP Shops & Services
5,604 visits/mo 0.2 miles
Exxon Shops & Services
5,515 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

Properties on Market for Strip malls in Shelby County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Strip mall - Four storefronts are occupied, with two additional spaces available for tenant buildout.
Where is this strip mall located?
The property is located at 2713 LAMAR Ave Memphis, TN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 10,948‑square‑foot retail center on 0.57 acres; Four occupied storefronts and two vacant spaces; 23 parking spaces
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
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
Why this one?
Saved