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    3905-3951 Park Ave Memphis, TN 38111

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    For Lease
    Contact for pricing

    Retail property with high visibility near the University of Memphis.

    Property size:
    2,760 SF
    Lot size:
    6.50 Acres

    Property Features for 3905-3951 Park Ave

    General Information

    Size
    2,760 SF
    Lot size
    6.50 Acres

    Source: Jones Aur Commercial Real Estate | Memphis Agent Carson Kane

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near University Campus

    This retail space is located in close proximity to the University of Memphis campus, offering excellent visibility and access from both Park Avenue and Getwell Road. The location benefits from high traffic counts, with Park Avenue recording 30,155 AADT and Getwell Road recording 44,832 AADT. Area retailers include Bank of America, Subway, Las Delicias, and Burger King. The property offers 2,760 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9323994
    Latitude
    35.1063406

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    FAQs

    What type of property is this?
    Retail space - Retail property with high visibility near the University of Memphis.
    Where is this retail space located?
    The property is located at 3905-3951 Park Ave Memphis, TN.
    What are key features of this property?
    This property features: - High traffic counts (44,832 AADT on Getwell, 30,155 AADT on Park Ave); - Excellent visibility and access to Park Ave and Getwell Rd; - Close proximity to University of Memphis campus
    (901) 515-7767
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    3905-3951 Park Ave Memphis, TN 38111
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    Memphis, TN 38111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3905-3951 Park Ave Memphis, TN 38111
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