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Corner Parking Lot

2865 Lamar Ave, Memphis, TN 38114

For Sale
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CMU-3 zoning and access from two streets support parking or commercial redevelopment, subject to permitted uses.

Property SizeContact for details
Lot Size0.21 Acres
Days on Market9

Property Features for 2865 Lamar Ave

General Information

Standard status Active
Lot size 0.21 Acres
Property subtype Land
Zoning CMU-3

Site & Location

Neighborhood South Memphis Alliance
Highway Access Yes
Road Access Yes

Additional Details

Land Use parking, commercial
Parking Facility Type surface lot
Listing Agency: Braden, Braden & Braden CRE
Listed By: Traci Braden · License TN #352872
Source: Crexi
Added: Nov 4 Changed: Nov 8 Last Checked: Nov 10 at 7:50AM

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 Braden, Braden & Braden CRE

Rey
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Investment Insights

Based on property information with market context.

This 0.21-acre parking parcel occupies the corner of Lamar Avenue and Dunn Avenue, with frontage along both roads. The property is zoned CMU-3 and is identified for vehicle or equipment parking, fleet staging, and overflow parking, as well as potential commercial redevelopment subject to zoning and permitted uses.

Lamar Avenue is US Highway 78, a commercial and truck route connecting the Midtown and Orange Mound areas with I-240 and the southeast logistics corridor. The site’s two-street frontage provides access from both Lamar and Dunn avenues.

Key Highlights

  • 0.21‑acre parking parcel at Lamar Avenue and Dunn Avenue
  • Frontage on both Lamar Avenue and Dunn Avenue
  • CMU‑3 zoning

Property Analytics

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Current Use

Parking lots & garages

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center 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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

403
Businesses Nearby
Balanced
Demand for This Use

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
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Similar Off Market Nearby

  • Trailer Rental at U-Haul — 3020 Lamar Ave, Memphis, TN 38114
  • U-Box at U-Haul — 3020 Lamar Ave, Memphis, TN 38114
  • U-Haul Moving & Storage at Lamar Ave — 3020 Lamar Ave, Memphis, TN 38114
  • Propane Refill at U-Haul — 3020 Lamar Ave, Memphis, TN 38114
  • Auto Comm Inc — 2440 Dunn Ave, Memphis, TN 38114

Frequently Asked Questions

What type of property is this?
Parking lot & garage - CMU-3 zoning and access from two streets support parking or commercial redevelopment, subject to permitted uses.
Where is this parking lot & garage located?
The property is located at 2865 Lamar Ave Memphis, TN.
What are key features of this property?
This property features: 0.21‑acre parking parcel at Lamar Avenue and Dunn Avenue; Frontage on both Lamar Avenue and Dunn Avenue; CMU‑3 zoning
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