3023 LAMAR AVE Memphis, TN $ 200,000
3023 LAMAR AVE
$ 200,000
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3023 LAMAR AVE

Memphis, TN, 38114
$ 200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 1,231

3023 LAMAR AVE, Memphis, TN 38114 - Image 1
3023 LAMAR AVE, Memphis, TN 38114 - Image 2
3023 LAMAR AVE, Memphis, TN 38114 - Image 3
3023 LAMAR AVE, Memphis, TN 38114 - Image 4
3023 LAMAR AVE, Memphis, TN 38114 - Image 5
3023 LAMAR AVE, Memphis, TN 38114 - Image 6
3023 LAMAR AVE, Memphis, TN 38114 - Image 7

Commercial Property for sale in Memphis, TN

for $200,000. This building was built in 1942.

INVESTMENT OPPORTUNITY! Hard to find, mobile home park, including leased restaurant on busy, road frontage property, to be auctioned June 2, 2026 at noon! Property includes restaurant, duplex, 2 mobile homes, 65+/- mobile home spaces, mailbox hub and multiple storage sheds. Restaurant, duplex, 1 mobile home and 3 spaces currently tenant occupied on monthly basis. Reserve auction listing, NO contingencies. ALL buyers welcome under auction guidelines! Accepting pre-auction offers. List price is for search purposes ONLY! Purchase price will be determined by the high bid at the end of the auction or accepted pre-auction offer. Property can be financed but NOT CONTINGENT on financing.

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Commercial Active

Price

$ 200,000

Property Type

Commercial

Taxes

$ 5,872

Style

Special Purpose

Year Built

1942

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10221549

Features
General
Roof Other (Call LA)
Zoning AA14
Status Active Active
Legal Subdivision Name Lamar-Semmes
Stories Count 1
County Shelby
Class Commercial/Industrial
Type Commercial
Area 757G Pendleton/Park
Parcel Number 059031 00109
Road Frontage City Street US Highway
Miscellaneous Outside Storage Living Space Available Outside Lighting
Sale/Rent For Sale
Status Detail 0
Location City Free Standing Other (See REMARKS)
Year Built 1942
Directions I-240 W Exit 21 to Birmingham and Lamar Ave take right to US 78 W (Lamar Ave) 800ft take left on S Prescott Rd right on US 78 and property is .3mi on left.
City Memphis
DOM 0
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Exterior
Foundation Other (Call LA)
Lot 1
Number of Buildings 9
Lot Size 3.81AC
Parking Facility Asphalt/Blacktop Attached Concrete
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Interior
Hot Water Other (See REMARKS)
Floors Other (See Remarks)
Heating Other (See Remarks)
Offices 0
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* Excluded Features
List By
Morris Realty & Auction, Llc

Broker

Affordability Calculator

$1,721
Per Month
72%
28%
0%
Monthly Principal & Interest
$1,231
Monthly Property Taxes
$489
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2026$200,000 Listed Price

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3023 LAMAR AVE, Memphis, TN, 38114 is a Commercial Property for sale at $200,000. 3023 LAMAR AVE was built in 1942. The property's zip code is 38114 which is in Memphis, TN