$270,000 9,682 SF

4280 Cherry Center Dr, Memphis, TN 38118
View Listing

The property is located in Memphis, Tennessee, and is configured for multiple potential uses, including an event center, spa, or church, with space suitable for gatherings and wellness-oriented amenities. Improvements are described as including features such as a pool, saunas, and a steam room, and the property is associated with options for catering. The property falls under zoning classification CMU-2. It is described as a triple net property.

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?

$15k

Tax billed · 2022

Assessed value · 2023$251k

Assessed land$95k

Assessed improvement$155k

Effective rate6.09%

Value estimate

· Nov 2026

$270k

$243k – $297k

AI approach$270k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$78/SF

ZIP average, outlier-cleaned · 24 recorded sales of this use type

Observed band · Q1–Q3$35 – $131

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: Law Firm

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Law Firm25.7

Realty agency25.0

Dental Office17.7

4280 Cherry Center Dr Memphis, TN 38118

County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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 · 15 properties nearby

Address Sale price Sold Size

4273 Cherry Ctr, Memphis, TN 38118-2939 $185,000 Dec 2025 7,200 SF

2750 Colony Park, Memphis, TN 38118-2088 $250,000 May 2024 7,200 SF

3380 Pearson, Memphis, TN 38118-1631 $800,000 Apr 2024 9,111 SF

2755 Colony Park, Memphis, TN 38118-2090 $300,000 Apr 2023 9,210 SF

4770 Cromwell, Memphis, TN 38118-6334 $600,000 Oct 2022 11,530 SF

2730 Colony Park, Memphis, TN 38118-2092 $295,000 May 2021 7,200 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

Value Estimation
$250,000

7,200 SF

2750 Colony Park Dr

OFFICE BUILDING

2750 Colony Park Dr, Memphis, TN 38118-2088

View Details
Value Estimation
$540,000

6,756 SF

3895 Raines Rd

OFFICE BUILDING

3895 Raines Rd, Memphis, TN 38118-6937

View Details
Value Estimation
$495,000

6,075 SF

4000 Clearpool Cir Rd

OFFICE BUILDING

4000 Clearpool Cir Rd, Memphis, TN 38118-4918

View Details
Value Estimation
$545,000

16,068 SF

3041 New Getwell B B

OFFICE BUILDING

3041 New Getwell B B, Memphis, TN 38118

View Details
Value Estimation
$650,000

17,170 SF

3523 Lamar Ave

OFFICE BUILDING

3523 Lamar Ave, Memphis, TN 38118-1653

View Details
Value Estimation
$365,000

5,316 SF

3776 New Getwell Rd

OFFICE BUILDING

3776 New Getwell Rd, Memphis, TN 38118-6014

View Details

Similar in This City for Sale

Contact for pricing
12,560 SF

Memphis Office Building For Sale

12,560 SqFt office building with 7.03% CAP rate.

4735 Spottswood Ave, Memphis, TN 38117

View Details
New

$2,500,000

13,416 SF

Freestanding Retail Building with Offices

Existing private offices, conference rooms, and open-area workspace support a flexible commercial layout.

5685 Quince Road, Memphis, TN 38119

View Details
New

Contact for pricing
13,456 SF

County-Guaranteed Community Services Facility

13,456 SF Shelby County Community Services facility is fully occupied under a lease backed by a full county guarantee.

1188 Minna Pl, Memphis, TN 38104

View Details
New

Contact for pricing
14,260 SF

Well-Maintained Office Building

Well-maintained office property with 5 of 6 new HVAC units.

8039 Stage Hills Blvd, Memphis, TN 38133

View Details
Contact for pricing
6,240 SF

Office Building with Loop Access

Approximately half an acre positioned at a major Memphis intersection with direct access to the I-240 loop.

7 N Bellevue Blvd, Memphis, TN 38104

View Details
$4,070,660

16,525 SF

Union Avenue Commercial Building

Highly visible, accessible commercial building with controlled access parking.

400 Union Avenue, Memphis, TN 38103

View Details

Similar Nearby for Lease

Contact for pricing
550 sqft

Two-Story Multi-Tenant Office Building

Two-story multi-tenant office building with 12 rental units and roof and mechanical systems in good condition.

3290 Getwell Rd, Memphis, TN 38118

View Details
Contact for pricing
9,000 sqft

Office Building for Lease

Office building available for rent at 2851 Lamb Pl, positioned in Memphis’ downtown core near major transportation access.

2851 Lamb Pl, Memphis, TN 38118

View Details
Contact for pricing
7,500 sqft

Flex Space with Warehouse Conversion

EMP-zoned space combines an office buildout with HVAC and light-distribution configuration.

3949 Whitebrook Dr, Memphis, TN 38118

View Details

Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude

Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

One click on Google

4280 Cherry Center Dr Memphis, TN 38118

Property summary