Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    4619 American Way Memphis, TN 38118

    • Neighborhood centers
    • 104,042 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Extreme Wear / Men'S Clothing Store

    Property Details for 4619 American Way

    Property size
    104,042 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties

    Description

    American Way Plaza, a vibrant retail strip center in Memphis, Tennessee, offers exceptional opportunities for businesses seeking high-visibility locations. This 104,042 square foot property boasts a prime location at the hard corner of South Perkins Road and American Way, benefiting from significant traffic counts (South Perkins Road: 21,717 AADT

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.902
    Latitude
    35.1103

    Comparable in this City

    • Value Estimation
      $890,000
      94,991 SF

      4089 American Way

      SHOPPING CENTER, STRIP CENTER • 94,991 SF
      4089 American Way, Memphis, TN 38118
      View Details
    • Value Estimation
      $295,000
      5,520 SF

      4014 Lamar Ave

      SHOPPING CENTER, STRIP CENTER • 5,520 SF
      4014 Lamar Ave, Memphis, TN 38118-4915
      View Details
    • Value Estimation
      $970,000
      5,180 SF

      2800 Perkins Rd

      SHOPPING CENTER, STRIP CENTER • 5,180 SF
      2800 Perkins Rd, Memphis, TN 38118-2431
      View Details
    • Value Estimation
      $215,000
      7,280 SF

      5185 Winchester Rd

      SHOPPING CENTER, STRIP CENTER • 7,280 SF
      5185 Winchester Rd, Memphis, TN 38118-5562
      View Details
    • Value Estimation
      $260,000
      9,870 SF

      4768 Knight Arnold Rd

      SHOPPING CENTER, STRIP CENTER • 9,870 SF
      4768 Knight Arnold Rd, Memphis, TN 38118-3201
      View Details
    • Value Estimation by Request
      7,010 SF

      3213 Mendenhall Rd

      Airport retail • 7,010 SF
      3213 Mendenhall Rd, Memphis, TN 38118
      View Details

    Similar Nearby for Sale

    • $450,000
      8,826 SF

      Prime Bank Building For Sale

      Commercial real estate investment opportunity in a great location.
      3920 Whitebrook Dr, Memphis, TN 38118
      View Details
    • $525,000
      2,640 SF

      Retail Building Ready for Laundromat

      Commercial building suitable for laundromat or other retail outlets.
      3745 Outland Rd, Memphis, TN 38118
      View Details
    • $5,600,000
      33.17 Acres

      Memphis Industrial Campus: Redevelopment Opportunity

      33-Acre Campus, 3 Buildings, 1100+ Parking
      3796 Lamar Ave, Memphis, TN 38118
      View Details
    • $540,000
      7,457 SF

      Versatile Industrial Property For Sale

      Industrial property suitable for auto repair, warehouse, and retail.
      3230 Linda Dr, Memphis, TN 38118
      View Details
    • $500,000

      Versatile Commercial Property, Memphis

      Adaptable commercial building suitable for various business types.
      3614 S Perkins Rd, Memphis, TN 38118
      View Details
    • Contact for pricing

      Versatile Event Center and Spa

      Event center with spa amenities, ideal for gatherings.
      4280 Cherry Center Dr, Memphis, TN 38118
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      7,010 SF

      Memphis Airport Retail Space

      High-traffic location, 1,260 sq ft available
      3213 Mendenhall Rd, Memphis, TN 38118
      View Details
    • $11 SF/Yr
      15,900 SF

      Prime Memphis Office/Retail Space

      Versatile suites, 750-7200 sq ft
      3711-3721 Lamar Ave, Memphis, TN 38118
      View Details
    • Contact for pricing
      16,400 SF

      Retail Space in Parkway Village

      Retail space for lease in a high-traffic Memphis corridor.
      4657-4701 Knight Arnold Rd, Memphis, TN 38118
      View Details
    • $10 SF/Yr
      146,170 SF

      Perkins & Knight Arnold Power Center

      Grocery-anchored retail center; 146,170 SF
      3099 Perkins Rd, Memphis, TN 38118
      View Details
    • $14 SF/Yr
      7,125 SF

      Retail Space in Memphis Center

      Retail space anchored by Memphis Merit Academy.
      4075 American Way, Memphis, TN 38118
      View Details
    • Contact for pricing
      22,000 SF

      Retail Space on Hard Corner

      Retail property on a hard corner with high traffic.
      4615-4685 American Way, Memphis, TN 38118
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4619 American Way
    Memphis, TN 38118
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.