Industrial Flex
New
For Sale
$550,000
397 Old Salem, Martin, TN 38237
Commercial Sale, MARTIN, TN
Property Size10,260 SF
Lot Size3.50 Acres
Price / SF$53.61
Days on Market2
Property Features for 397 Old Salem
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
M-1
Subdivision
Martin
Standard status
Active
APN
044.03
Size
10,260 SF
Lot size
3.50 Acres
Taxes and HOA fees
Tax Annual Amount
420
Building Details
Year built
1990
Floors in Building
1
Listing Agency:
Wendell Alexander Realty
(731) 281-1220
Listed By:
Alex Bynum · License #320284
(731) 364-5368
Added: Sep 4
Last Checked: Sep 5 at 1:06PM
MLS# 137271
Copyright © 2026 Tennessee Valley 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 M-1-zoned flex property includes two metal buildings totaling approximately 10,260 square feet on approximately 3.495 acres. The improvements provide seven bays, warehouse and shop areas, multiple overhead doors, concrete floors, interior offices, restroom facilities, and additional storage. A covered exterior work or loading area extends the usable operating space, while the open yard supports parking, equipment, and material storage.
Access is provided from Old Salem Road. The site configuration accommodates both enclosed and outdoor operations, with a combination of building space, yard area, and service-oriented improvements suited to industrial, warehouse, distribution, contractor, and other commercial uses supported by the zoning and physical layout.
Access is provided from Old Salem Road. The site configuration accommodates both enclosed and outdoor operations, with a combination of building space, yard area, and service-oriented improvements suited to industrial, warehouse, distribution, contractor, and other commercial uses supported by the zoning and physical layout.
Key Highlights
- Approximately 3.495 acres with approximately 10,260 square feet of combined building area
- Two metal buildings measuring 54' x 50' and 42' x 180'
- Seven bays with multiple overhead doors and concrete flooring
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - M-1-zoned commercial property combining enclosed work areas, offices, restrooms, and outdoor operating space.
Where is this flex space located?
The property is located at 397 Old Salem 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 3.495 acres with approximately 10,260 square feet of combined building area; Two metal buildings measuring 54' x 50' and 42' x 180'; Seven bays with multiple overhead doors and concrete flooring
