Yes, the 500lb lift sits roughly 8 inches off the ground when fully lowered. The wheels lock and it is pretty easy to move the pin on and off the lift. You can then raise the lift to a height taller than the legs and attach each leg.

The only issue with the lift table is the handle; it stands straight up and would get in the way of the pin. You can operate the lift without the handle in the brackets but it is a pain. There is a thread on here about hacking the handle and making it so that it can stay attached and use the table with a pin. It took me about an hour or so to change mine so the handle comes out at a 45 degree angle.