5155 Lamar Ave Memphis, TN 38118-7819
Property profile & analytics
5155 Lamar Ave, Memphis, TN 38118-7819
- Warehouses
- 715,375 SF
- 37.51 lot acres
Property ID
US80-1495162
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.
Location Intelligence
Current Use by Public Records
- Nike Distribution center / Distribution Center / Logistics Company
- DHL / Warehouse & Storage
Property Details for 5155 Lamar Ave
- Year built
- 2002
- Lot size
- 37.51 lot acres
- Zone code
- EMP
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 094-200- - -00517-C
- APU
- 09420000517C
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 10, 2024 | — | Aireit Memphis Dc LLC | — | Deed · related | — |
| Jun 16, 2017 | — | Summit I Distribution Center L | — | Deed · related | $105M · Miscellaneous Ins Co |
| Oct 23, 2015 | $21,630,000 | Summit I Distribution Center L | Real Estate Account | Grant Deed | $16.2M · Bank Of America |
| Aug 29, 2013 | $1,000 | Teachers Ins & Annuity Assn Of Am | Industrial Dev Board Of City/memp | Quit Claim Deed · related | — |
| — | — | Summit I Distribution Center L | — | Deed Of Trust · related | $105M · Miscellaneous Ins Co |
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $36,963,000
- AI Estimate
- $24,906,000
Market price range: $17.1M - $37.0MMarket price range: $8.85M - $27.2M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $25,105,000 Current use
- COMMERCIAL (GENERAL)
- $43,225,000 Change: +72% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.8949
- Latitude
- 35.0116
- 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
$768,268
$509,720
$12,102,120
$12,611,840
-
$1,274,300
$30,255,300
$31,529,600
