2899 Lamar Ave, Memphis, TN 38114

--beds

--baths

1.81Acres

Unimproved Land

Built in ----

1.81 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Exceptional visibilityStrong frontage

1.81 Acres | 78,843 SF | CMU-3 Zoning | Approved Self-Storage Site Prime commercial development opportunity located along the high-traffic corridor of Lamar Avenue in Memphis, TN. This ±1.81-acre site offers exceptional visibility, strong frontage, and direct access to one of the city’s primary industrial and commuter routes. The property is zoned CMU-3 and comes with city-approved plans for self-storage development, allowing a buyer to significantly reduce entitlement timelines and move quickly toward construction. Based on TDOT corridor data + known Lamar activity: Lamar Ave (near subject site) 30,000 – 45,000 vehicles per day (VPD) Truck Traffic Heavy truck usage due to: I-22 / US-78 freight corridor Airport logistics Industrial distribution.

116 days

35

0

Facts & features

Property

Lot

Size: 1.81 Acres
Dimensions: 332.47 x 118.65 IRR
Topography: Other (See Remarks)

Details

Parcel number: 059021 00051
Zoning: CMU-3
Zoning description: Adjacent Area: Commercial

Utilities & green energy

Utilities for property: Other (See REMARKS)

Community & HOA

Community

Subdivision: Lamar Crossing Pd Outline Plan

Location

Region: Memphis

Financial & listing details

Tax assessed value: $116,800
Annual tax amount: $2,463
Date on market: 4/1/2026
Cumulative days on market: 116 days
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$770/mo

Price history

Date	Event	Price
4/1/2026	Listed for sale	$395,000+174.3%
Source: MAAR #10218176 Report a problem
2/28/2020	Sold	$144,000+394%
Source: MAAR #10054899 Report a problem
11/20/2014	Sold	$29,150-85.4%
Source: Public Record Report a problem
4/14/2010	Sold	$200,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,463 -9.7%	$46,720 +12.9%
2024	$2,726 +8.1%	$41,400
2023	$2,522	$41,400
2022	--	$41,400
2021	--	$41,400
2020	$1,323	$41,400
2019	$1,323 -21.1%	$41,400
2018	$1,677 -45.1%	$41,400
2017	$3,056 +124.7%	$41,400 +3.5%
2016	$1,360 -51.6%	$40,000 -50%
2014	$2,809	$80,000

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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