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    2320 Lamar Ave Memphis, TN 38114
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    Property profile & analytics

    2320 Lamar Ave Memphis, TN 38114


    • Strip malls
    • 4,866 SF
    • 0.14 lot acres
    Retail Space on Signalized Corner For Lease
    Contact for pricing
    2,400 SF

    Retail Space on Signalized Corner

    2,400 SF retail space available for lease.

    2320 Lamar Avenue, Memphis, TN 38114
    View Listing
    Property ID
    US80-3514181
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • All Memphis Same Day Flower Delivery / (Bike/Boat/Book/etc) Store / Florist

    Property Details for 2320 Lamar Ave

    Year built
    1932
    Lot size
    0.14 lot acres
    Property size
    4,866 SF
    Zone code
    CMU-3
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    047-022- - -00002
    APU
    4702200002

    Description

    This exceptional 2,400 square foot retail space is ideally situated at the highly visible corner of Lamar Avenue and Airways Boulevard in Shelby County. The property offers a single-tenant occupancy, perfect for a variety of retail or restaurant concepts. The building boasts recently added parking directly in front, ensuring convenient access for customers. This prime location benefits from significant traffic volume, with Lamar Avenue boasting an average annual daily traffic (AADT) of 25,819 vehicles and Airways Boulevard registering an AADT of 24,165 vehicles. The signalized intersection provides excellent visibility and accessibility. The entire 2,400 square feet is currently vacant and ready for immediate occupancy. This presents a unique opportunity for a business seeking a high-traffic location with ample parking in a thriving area. The property's strategic placement at a busy intersection guarantees significant exposure to potential customers, making it an ideal investment for a business looking to establish a strong presence in a high-traffic area. The space is classified as retail, suitable for a wide range of businesses. The single-tenant occupancy provides flexibility and control. Don't miss this chance to secure a prominent retail location in a prime commercial area.


    Value Estimations

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    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9853
    Latitude
    35.1054
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $4,937
    $7,400
    $73,640
    $81,040
    -
    $18,500
    $184,100
    $202,600
    View Listing
    More about this property
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