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Flex Space with Warehouse Bays
New
For Sale
$550,000

397 Old Salem Road, Martin, TN 38237

COMMERCIAL/INDUSTRIAL, Martin, TN

Property Size10,260 SF
Lot Size3.50 Acres
Price / SF$53.61
Days on Market2

Property Features for 397 Old Salem Road

General Information

Property type Commercial Sale
Property subtype Other
Lot features In City Limits
Elementary school district Martin
Middle school district Martin
High school district Martin
Directions Beginning at Dollar General on N Lindell St, Martin take a left on Hyndsver Road. Continue straight past the railroad tracks, Old Salem Road will be the second drive on your left. The property will be the third drive on your left.
Subdivision 009 MARTIN
Standard status Active
Lot size 3.50 Acres

Utilities

Heating system Space Heater
Cooling system Central Air, Electric

Building Details

Year built 1990
Flooring type Concrete
Roof type Metal
Listing Agency: WENDELL ALEXANDER REALTY
Listed By: ALEX BYNUM · License #320284
Added: Sep 4 Last Checked: Sep 5 at 4:06PM
MLS# 46653

Copyright © 2026 Reelfoot Regional 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.

Located at 397 Old Salem Road in Martin, this flex-space property includes two connected metal buildings totaling approximately 10,260 square feet. The improvements were built in 1990 and include a 54' x 50' structure alongside a 42' x 180' building, with seven bays, warehouse and shop areas, an interior office, and concrete floors.

The property encompasses approximately 3.50 acres, including substantial open yard area for outdoor storage or operational use. Building features include metal roofing, central air, electric cooling, and space-heater service. Its combination of enclosed work areas, office space, multiple bays, and yard area supports a range of commercial and industrial applications.

Key Highlights

  • Approximately 3.50 acres at 397 Old Salem Road, Martin, TN 38237
  • Two attached metal buildings totaling approximately 10,260 square feet
  • Building dimensions include 54' x 50' and 42' x 180' structures

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Auto Parts Store Real Estate Agency HVAC Service Spa & Massage Center Hair Salon

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

90
Businesses Nearby
Balanced
Demand for This Use

Demographics for 38237, TN

15,826
Population
6,754
Households
2.3
Avg Household Size
32
Median Age
28%
College-Educated
92%
High-School Grad
138.1 sq mi
ZIP Area
115
Density / Sq Mi
$49,301
Median Household Income
$31,403
Median Earnings
$808
Median Rent
$194,100
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two connected metal structures provide warehouse, shop, office, and outdoor storage functionality.
Where is this flex space located?
The property is located at 397 Old Salem Road Martin, TN.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Approximately 3.50 acres at 397 Old Salem Road, Martin, TN 38237; Two attached metal buildings totaling approximately 10,260 square feet; Building dimensions include 54' x 50' and 42' x 180' structures
More about this property
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