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Property profile & analytics

3620 Lamar Ave Memphis, TN 38118-2827

  • Auto shops
  • 14,180 SF
  • 1.50 lot acres
OFF-MARKET
Value Estimations
$435,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US80-3300975
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.

Current Use by Public Records

  • T K Ac Towing Recovery / Towing Service
  • PALMERS BODY SHOP LLC / Auto Body Shop
  • Auto Glass Now / Auto Glass Shop / Glass Repair Service
  • Geico Car Insurance / Auto Insurance Agency

Property Details for 3620 Lamar Ave

Year built
1987
Lot size
1.50 lot acres
Property size
14,180 SF
Zone code
CMU-3
Property type
Auto shops
APN
073-015- - -00001
APU
7301500001

Description

Lamar Center offers a highly desirable 4,000 square foot end-cap flex space, perfect for a variety of manufacturing, automotive, or flex uses. This retail and industrial property boasts an excellent location, making it an anchor location for any business. The space is currently available for lease and features four roll-up doors, providing convenient access for loading and unloading. The unit is in excellent condition and is situated in a highly desirable corner location. The lease rate includes a proportional share of utilities, offering predictable and manageable operating costs. The space is part of a multi-tenant building, providing a collaborative and vibrant business environment. With its strategic location, ample space, and excellent condition, this property presents a unique opportunity for businesses seeking a functional and well-maintained space. The 4,000 square feet is the maximum contiguous space available. Interested parties should inquire about lease terms and conditions. This is a rare opportunity to secure a prime flex space in a highly sought-after location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $350,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $518,000
    Market price range: $393k - $1.14M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Memphis
County
Shelby
State
Tennessee
Longitude
-89.942
Latitude
35.067
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
$11,854
$63,600
$131,000
$194,600
-
$159,000
$327,500
$486,500
More about this property
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