Property profile

3263 E Sarazens Cir Memphis, TN 38125

FOR LEASE
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Property ID
US80-1218992
7,610 SF 0.11 ac Built 2018
Last sale Dec 2023·$700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a 1,240-square-foot upper-level office unit built in 2019, configured with one enclosed office, an open work area, and two restrooms. Hardwood flooring is installed throughout the primary office space. The suite includes an additional 339-square-foot non-climate-controlled storage area connected to the office via three separate access points. The unit is located at 3263 E Sarazens Cir in Memphis, positioned across from the Southwind area and the FedEx corporate complex. Building…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$18k
Tax billed · 2022
Assessed value · 2023$301k
Assessed land$27k
Assessed improvement$274k
Effective rate6.09%

Value estimate

· Nov 2026
$675k
$608k – $743k
AI approach$570k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$119/SF
Submarket average, outlier-cleaned · 520 recorded sales of this use type
Observed band · Q1–Q3$63 – $194
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-15
The single family residential districts are intended to accommodate one single family detached principal dwelling unit per lot. These dis...
General categoryRESIDENTIAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop23.5
Building Supply23.2
Restaurant21.7

Location

3263 E Sarazens Cir Memphis, TN 38125
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7900 Winchester, Memphis, TN 38125-2395 $750,000 Feb 2026 6,320 SF
3753 Tyndale, Memphis, TN 38125-8512 $1,000,000 Jun 2025 10,467 SF
7125 Riverdale Bnd, Memphis, TN 38125-4442 $270,000 Dec 2023 9,716 SF
9155 Crestwyn Hls, Memphis, TN 38125-8501 $850,000 Jul 2023 10,000 SF
3249 Sarazens Cird, Memphis, TN 38125-0807 $700,000 Jul 2022 7,000 SF
3242 Players Clb, Memphis, TN 38125-8843 $1,300,000 Nov 2021 7,016 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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