Property profile

2642 Lamar Ave Memphis, TN 38114

OFF-MARKET
Retail space
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Property ID
US80-1622641
1,474 SF 0.12 ac Built 1950
Last sale Nov 2006·$125,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

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?
$1k
Tax billed · 2022
Assessed value · 2023$17k
Assessed land$6k
Assessed improvement$10k
Effective rate6.09%

Value estimate

· Nov 2026
$120k
$108k – $132k
AI approach$95k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
Submarket average, outlier-cleaned · 326 recorded sales of this use type
Observed band · Q1–Q3$37 – $142
Qualifying comparables8

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-3
The CMU-3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require hi...
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 agency27.4
Law Firm24.7
Dental Office14.6

Location

2642 Lamar Ave Memphis, TN 38114-4339
County assessor Recorded deeds · 3 transfers 8 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2772 Lamar, Memphis, TN 38114-4316 $765,000 Jul 2025 1,624 SF
2379 Ketchum, Memphis, TN 38114-6017 $115,000 May 2023 1,380 SF
2656 Lamar, Memphis, TN 38114-4351 $75,000 Sep 2022 1,230 SF
1669 Cooper, Memphis, TN 38114-3550 $63,000 Jan 2022 1,350 SF
2398 Park, Memphis, TN 38114-6638 $110,500 Sep 2021 1,760 SF
2804 Park, Memphis, TN 38114-2700 $200,000 Jul 2021 2,091 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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