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    3527-3539 Lamar Ave Memphis, TN 38118

    Sponsored
    For Sale
    Contact for pricing

    Prime Memphis industrial space; renovated 2019.

    Property size:
    330,910 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 330,910-square-foot industrial property, located at 3527-3539 Lamar Avenue in Memphis, Tennessee, presents a compelling investment opportunity. Built in 1974 and extensively renovated in 2019, this single-story Class C building sits on a 14-acre lot and offers ample space for various industrial uses. The property boasts 68 loading docks, ensuring efficient operations, and provides 100 parking spaces for employees and visitors. The high ceilings, measuring 25 feet, accommodate a wide range of equipment and storage needs. The property is zoned for industrial use, aligning perfectly with its current and potential future applications. Its strategic location offers easy access to Interstate 240, providing seamless connectivity to the broader Memphis area, and is conveniently situated approximately three miles from Memphis International Airport, facilitating efficient transportation of goods. Owned by Huntington Industrial Partners, this property represents a rare opportunity to acquire a well-maintained, strategically located industrial facility in a thriving market. The property's size, features, and location make it ideal for a variety of industrial businesses seeking a high-quality space in a prime Memphis location. The 2019 renovation ensures modern functionality and efficiency.

    Property Features for 3527-3539 Lamar Ave

    General Information

    Property type
    Industrial properties
    Square Feet
    330,910 SF
    Class
    C
    Lot Size
    609,840 SF

    Building Details

    Year Built/Renovated
    1974/2019
    Stories
    1

    HighLights

    • Class C industrial property totaling 330,910 square feet.
    • Single‑story building constructed in 1974, renovated in 2019.
    • Located on a 14‑acre lot in Memphis, TN, at 3527‑3539 Lamar Avenue, zip code 38118.
    • Features 68 loading docks and 25' ceiling height.
    • Offers 100 parking spaces per unit.
    • Owned by Huntington Industrial Partners.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Hair Salon Wholesale Shop Nail Salon Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9467326
    Latitude
    35.0707128

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    FAQs

    What type of property is this?
    Industrial property - Prime Memphis industrial space; renovated 2019.
    Where is this industrial property located?
    The property is located at 3527-3539 Lamar Ave Memphis, TN.
    What are key features of this property?
    This property features: Class C industrial property totaling 330,910 square feet.; Single-story building constructed in 1974, renovated in 2019.; Located on a 14-acre lot in Memphis, TN, at 3527-3539 Lamar Avenue, zip code 38118.
    (901) 260-1830
    Request Owner's contact information
    3527-3539 Lamar Ave Memphis, TN 38118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3527-3539 Lamar Ave Memphis, TN 38118
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