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Property profile & analytics
OFF-MARKET
Lifestyle centers

2983-2995 Lamar Ave Memphis, TN 38114

24,806 SF
Property ID
Property summary
AI-generated overview

Discover a remarkable investment opportunity in Memphis, Tennessee. This exceptional shopping center, located at 2983-2995 Lamar Avenue, offers a substantial 24,806 square feet of retail space. Situated in Shelby County, zip code 38114, this property enjoys a high-visibility location on Lamar Avenue, making it ideal for businesses seeking maximum exposure. The ample square footage provides significant flexibility for a variety of retail uses, catering to diverse business needs. This prime location within the thriving Memphis market presents a compelling investment prospect for those seeking to capitalize on the city's robust commercial landscape. The property's strategic positioning ensures excellent accessibility for customers and offers significant potential for strong returns. This is a rare opportunity to acquire a substantial retail property in a desirable Memphis location, presenting a strong foundation for long-term growth and profitability. The property's size and visibility make it an attractive option for both established businesses and new ventures looking to establish a presence in a high-traffic area. Don't miss this chance to secure a valuable asset in a sought-after area of Memphis.

Property profile
Verified
Property type Lifestyle centers
Total area 24,806 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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