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    3935 Park Ave Memphis, TN 38111

    For Lease
    Contact for pricing

    Retail spaces available in a shopping center near University of Memphis.

    Property size:
    1,068 SF
    Lot size:
    0.34 Acres

    Property Features for 3935 Park Ave

    General Information

    Size
    1,068 SF
    Lot size
    0.34 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 on Park Avenue

    Located at the intersection of Park Avenue and Getwell Road, this 104,690 square-foot shopping center offers available spaces ranging from 1,068 to 2,760 square feet fronting Park Avenue. The location provides excellent visibility and access to both Park Avenue and Getwell Road. The property is in close proximity to the University of Memphis campus, which has over 13,000 undergraduate students. Area retailers include Dollar Tree, Save a Lot, dd's Discounts, Subway, Las Delicias, Burger King, Pizza Hut, Sonic, and AutoZone. Traffic counts show 14,786 AADT on Park Avenue and 23,061 AADT on Getwell Road.
    Location Intelligence

    Current Use by Public Records

    Checkers Fast Food Restaurant

    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.

    Similar Places Nearby

    Park Center Shopping Center, Coin Cloud Bitcoin ATM, Kennedy View Shopping Center, University Square, Carwash

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9319509
    Latitude
    35.1072393

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    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in a shopping center near University of Memphis.
    Where is this shopping center located?
    The property is located at 3935 Park Ave Memphis, TN.
    What are key features of this property?
    This property features: - Excellent visibility and access to both Park Ave and Getwell Rd; - High traffic counts: Getwell Rd (23,061 AADT) and Park Avenue (14,786 AADT); - **1,068 SF - 2,760 SF Available Fronting Park Ave**
    (901) 515-7767
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    3935 Park Ave 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
    3935 Park Ave Memphis, TN 38111
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