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Financial
Distress signals
Property profile

4279 American Way Memphis, TN 38118

OFF-MARKET
Strip malls
Property ID
US80-0510603
13,500 SF 1.12 ac lot Built 1987
Last sale Dec 2017 · $920,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a shopping center featuring an approximately 13,500-square-foot retail building configured for multiple tenants, with multiple tenant spaces including currently vacant areas. It has immediate access to Highway 240, which carries more than approximately 160,000 vehicles per day, and Memphis International Airport is roughly 11 minutes away. The surrounding area includes a mix of commercial uses such as nearby retail centers and national tenants, as well as nearby residential neighborhoods, hotels, and industrial areas along the retail corridor.

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?
$17k
Tax billed · 2022
Assessed value · 2023$282k
Assessed land$98k
Assessed improvement$185k
Effective rate6.09%

Value estimate

· Oct 2026
$730k
$657k – $803k
AI approach$760k
Submarket $/SF estimate$555k

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

Recently sold

What actually traded nearby?
$35/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$25 – $54
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?
CMU-2
The CMU-2 District is intended to provide for commercial, office, and employment uses that serve through traffic as well as surrounding n...
General categoryMIXED_USE
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency37.2
Building Supply29.0
Law Firm28.3

Location

4279 American Way Memphis, TN 38118-2014
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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4101 Getwell, Memphis, TN 38118-6904 $10,000 Oct 2024 9,600 SF
4610 Winchester, Memphis, TN 38118-5243 $1,600,000 Oct 2024 16,200 SF
4945 American, Memphis, TN 38118-2424 $600,000 Nov 2022 14,711 SF
4322 American, Memphis, TN 38118-2972 $1,200,000 Nov 2022 16,800 SF
3644 Lamar, Memphis, TN 38118-2839 $760,000 May 2021 10,695 SF
3810 Shelby, Memphis, TN 38118-7717 $700,000 Jan 2020 11,400 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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