Financial
Distress signals
Property profile

2244 Lamar Ave Memphis, TN 38114

OFF-MARKET
Strip malls
Property ID
US80-2869196
54,382 SF 8.75 ac lot Built 1953
Last sale Jul 2019 · $2,340,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$121k
Tax billed · 2022
Assessed value · 2023$1.99M
Assessed land$391k
Assessed improvement$1.60M
Effective rate6.09%

Value estimate

· Sep 2026
$5.34M
$4.81M – $5.87M
Submarket $/SF estimate$7.23M

Realmo valuation models over county records.

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

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 agency40.3
Building Supply32.1
Law Firm27.4

Location

2244 Lamar Ave Memphis, TN 38114-6650
County assessor Recorded deeds · 3 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2833 Lamar, Memphis, TN 38114-5016 $200,000 Jan 2026 13,924 SF
2754 Lamar, Memphis, TN 38114-4316 $550,000 May 2025 51,826 SF
2987 Lamar, Memphis, TN 38114-5650 $5,600,000 May 2025 31,000 SF
2391 Lamar, Memphis, TN 38114-3712 $1,000,000 Mar 2025 14,950 SF
2757 Kimball, Memphis, TN 38114-4300 $976,000 Dec 2023 13,200 SF
2105 Alcy, Memphis, TN 38114-5965 $125,000 Aug 2022 11,050 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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