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Industrial Warehouse With Seven Bays
New
For Sale
$550,000

397 Old Salem Road, 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 Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Light Industrial
Parking 15
Fencing Chain Link
Elementary school district Weakley County
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.
Standard status Active
APN 058 044.00
Size 10,260 SF
Lot size 3.50 Acres

Taxes and HOA fees

Tax Annual Amount 896

Utilities

Sewer type Public Sewer
Heating system Space Heater
Cooling system Electric, Wall Unit(s)
Water source Public

Building Details

Year built 1990
Floors in Building 1
Flooring type Concrete
Building materials Metal Siding
Roof type Metal
Listing Agency: Wendell Alexander Realty
Listed By: Alexander Jennings Bynum · License #320284
Added: Sep 4 Last Checked: Sep 5 at 4:06PM
MLS# 2604229

Copyright © 2026 Central West Tennessee 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 industrial property includes two metal buildings totaling approximately 10,260 square feet on approximately 3.50 acres. The buildings measure 54' x 50' and 42' x 180' and together offer 7 bays, warehouse and shop areas, multiple overhead doors, concrete floors, office space, restrooms, and additional storage. A covered exterior work or loading area extends the usable operating space, while the open yard accommodates parking, equipment, materials, or other outdoor needs.

The property is accessed directly from Old Salem Road in Martin, Tennessee. Chain-link fencing surrounds the site, and public water and public sewer serve the property. Metal roofing and metal siding support the building improvements, which were constructed in 1990. Heating is provided by space heaters, with electric and wall-unit cooling systems.

Key Highlights

  • Approximately 3.50 acres with approximately 10,260 square feet of combined building area
  • Two metal buildings measuring 54' x 50' and 42' x 180'
  • 7 bays with multiple overhead doors, warehouse and shop areas

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.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby
Well-served
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
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Similar Off Market Nearby

  • 731 SELF STORAGE 100 Smith St, Martin, TN 38237
  • Southern Belle Refrigerated 165 Old Salem Rd, Martin, TN 38237
  • Comfort Zone Self Storage 804 N Lindell St, Martin, TN 38237
  • Moore Real Estate Company - Martin, TN Office 804 N Lindell St, Martin, TN 38237
  • Martin Self Storage Martin, TN 38237

Frequently Asked Questions

What type of property is this?
Warehouse - Two metal buildings provide warehouse, shop, office, and covered work areas with direct road access and open yard space.
Where is this warehouse 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 with approximately 10,260 square feet of combined building area; Two metal buildings measuring 54' x 50' and 42' x 180'; 7 bays with multiple overhead doors, warehouse and shop areas
More about this property
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