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3120 Lamar Ave
Memphis, TN 38114
Asking Price
$2.40M
Asset Type
Industrial Land
Class
Class B
What's Special
Land | 16.46 acres <ul><li>Strategic Southeast Memphis logistics location</li><li>Excellent interstate, rail, and air cargo connectivity</li><li>Strong industrial and distribution user base</li><li>Ideal for IOS, truck terminal, or redevelopment</li></ul>
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NOI
$80,000
Cap Rate
3.33%
DSCR
0.56
Underwater
Cash-on-Cash
-8.68%
Monthly Payment
$11,873.891
Annual Cash Flow
$-62,486.686
