2899 Lamar Ave Memphis, TN 38114
Southeast Memphis NeighborhoodEstimated payment $2,257/month
About This Lot
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.
Property Details
Property Type
- Land
Lot Details
- 1.81 Acre Lot
- Property is zoned CMU-3
Community Details
- Lamar Crossing Pd Outline Plan Subdivision
Listing and Financial Details
- Assessor Parcel Number 059021 00051
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,257 | $46,720 | $46,720 | |
| 2024 | $1,403 | $41,400 | $41,400 | |
| 2023 | $2,522 | $41,400 | $41,400 | $0 |
| 2022 | $2,522 | $41,400 | $41,400 | $0 |
| 2021 | $2,552 | $41,400 | $41,400 | $0 |
| 2020 | $3,000 | $41,400 | $41,400 | $0 |
| 2019 | $1,323 | $41,400 | $41,400 | $0 |
| 2018 | $1,323 | $41,400 | $41,400 | $0 |
| 2017 | $1,354 | $41,400 | $41,400 | $0 |
| 2016 | $1,748 | $40,000 | $0 | $0 |
| 2014 | $1,748 | $80,000 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/01/2026 04/01/26 | For Sale | $395,000 | +174.3% | -- | |
| 02/28/2020 02/28/20 | Sold | $144,000 | -7.1% | -- | View Prior Sale |
| 06/12/2019 06/12/19 | For Sale | $155,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $140,000 | Home Surety T&E Llc | |
| Warranty Deed | $29,150 | Fidelity Title & Escrow Inc | |
| Warranty Deed | $200,000 | None Available |
Source: Memphis Area Association of REALTORS®
MLS Number: 10218176
APN: 05-9021-0-0051
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