Property profile

4949 Lamar Ave Memphis, TN 38118

OFF-MARKET
Grocery and convenience stores
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Property ID
US80-1217121
8,732 SF 1.1 ac Built 2000
Last sale Jan 2024·$125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 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?
$40k
Tax billed · 2022
Assessed value · 2023$652k
Assessed land$98k
Assessed improvement$554k
Effective rate6.09%

Value estimate

· Nov 2026
$120k
$108k – $132k
AI approach$125k

Realmo valuation models over county records and 11 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 comparables11

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.0
Plumbing Service8.6
Storage Facility8.2

Location

4949 Lamar Ave Memphis, TN 38118-7418
County assessor Recorded deeds · 2 transfers 11 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
2801 Perkins, Memphis, TN 38118-2432 $600,000 Feb 2026 5,916 SF
4860 Getwell, Memphis, TN 38118-7702 $530,042 Apr 2025 4,660 SF
3745 Lamar, Memphis, TN 38118-3706 $1,025,000 Apr 2025 11,325 SF
5205 Winchester, Memphis, TN 38118-5562 $230,000 Apr 2024 5,175 SF
2889 Perkins, Memphis, TN 38118-2432 $130,000 Mar 2024 5,670 SF
2711 Getwell, Memphis, TN 38118-1847 $1,454,450 Feb 2024 8,320 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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