Property profile

1796 Lamar Ave Memphis, TN 38114

OFF-MARKET
Grocery and convenience stores
Saved · see the list in your Dashboard
Property ID
US80-1192921
2,585 SF 0.64 ac Built 1982
Last sale Jan 2024·$150,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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?
$3k
Tax billed · 2022
Assessed value · 2023$57k
Assessed land$35k
Assessed improvement$21k
Effective rate6.09%

Value estimate

· Nov 2026
$150k
$135k – $165k
AI approach$150k

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

Recently sold

What actually traded nearby?
$73/SF
Submarket average, outlier-cleaned · 210 recorded sales of this use type
Observed band · Q1–Q3$32 – $133
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-1
PRINCIPAL USE R6 RU-1 RU-3 CMU-1 CMU-2 CMP-2 Woodworking, including Cabinet Makers and Furniture Manufacturing □ ■ Warehouse □ □ Recyclin...
General categoryMIXED_USE
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office18.2
Nail Salon12.3
HVAC Service11.6

Location

1796 Lamar Ave Memphis, TN 38114-1740
County assessor Recorded deeds · 4 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1655 Semmes, Memphis, TN 38114-5152 $500,000 Jun 2025 2,640 SF
2426 Lamar, Memphis, TN 38114-3711 $250,000 Sep 2023 2,210 SF
2636 Lamar, Memphis, TN 38114-4339 $125,000 Jul 2023 2,570 SF
2337 Airways, Memphis, TN 38114-6126 $240,000 Apr 2023 2,325 SF
3004 Lamar, Memphis, TN 38114-5609 $130,000 May 2022 2,241 SF
2361 Ketchum, Memphis, TN 38114-6017 $175,000 Apr 2022 2,850 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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