Flex Space with Multi-Bay
For Sale
$550,000
397 Old Salem Road, Martin, TN 38237
COMMERCIAL/INDUSTRIAL, Martin, TN
Property Size9,500 SF
Lot Size3.50 Acres
Price / SF$57.89
Days on Market52
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
Natural Gas
Cooling system
Electric, Central Air
Building Details
Year built
1990
Flooring type
Concrete
Roof type
Metal
Listing Agency:
WENDELL ALEXANDER REALTY
Listed By:
ALEX BYNUM
(731) 281-1220
Added: Sep 4
Changed: Oct 22
Last Checked: Oct 25 at 5:06AM
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.
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 flex property in Martin includes two connected, insulated shop buildings with approximately 9,500 square feet of covered space. One building measures 49' x 47' and has 3 bays; the other measures 80' x 40' with 4 bays. Concrete flooring and metal roofs serve the shop areas, while the property’s central air cooling and natural gas heating provide building systems. The property was built in 1990.
A separate steel-frame canopy adds five bays, each 19' wide with 16' of clearance. The site encompasses 3.50 acres on Old Salem Road in Martin, Tennessee.
A separate steel-frame canopy adds five bays, each 19' wide with 16' of clearance. The site encompasses 3.50 acres on Old Salem Road in Martin, Tennessee.
Key Highlights
- 3.50‑acre property with approximately 9,500 square feet of covered space
- Two attached insulated shops: 49' x 47' with 3 bays and 80' x 40' with 4 bays
- Steel‑frame canopy with five 19' wide bays and 16' clearance
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Two attached buildings provide insulated shop space with concrete floors and metal roofing.
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: 3.50‑acre property with approximately 9,500 square feet of covered space; Two attached insulated shops: 49' x 47' with 3 bays and 80' x 40' with 4 bays; Steel‑frame canopy with five 19' wide bays and 16' clearance
