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    Property profile & analytics

    3450 Millbranch Rd Memphis, TN 38116

    • Retail space
    • 2,800 SF
    • 0.18 lot acres
    For Sale
    View listing
    $400,000
    Value Estimation
    Last Sale
    Sep 29, 2021
    $257,000
    Location Intelligence
    Property ID
    US80-0261849
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • TitleMax Title Loans / Loan Agency / Car Finance And Loan Company

    Property Details for 3450 Millbranch Rd

    Year built
    1972
    Lot size
    0.18 lot acres
    Property size
    2,800 SF
    Zone code
    CMU-3
    Property type
    Retail space
    APN
    078-006- - -00010
    APU
    7800600010

    Description

    This exceptional Memphis storefront property at 3450 Millbranch Rd, in Shelby County, TN 38116, presents a compelling investment opportunity. Currently 100% occupied by Title Max under a lease extending through February 28, 2027, with a single option to extend the lease for an additional three years (through February 28, 2030) at a monthly rent of $2,645.09. The property boasts a strong net operating income (NOI) of $28,526.60 annually, resulting in an attractive 7.1% capitalization rate. The asking price for this turnkey investment is $400,000. The building is well-maintained, with the landlord responsible for crucial aspects such as HVAC, roof maintenance, and parking lot upkeep, minimizing operational concerns for the new owner. This presents a low-maintenance, high-return investment in a desirable Memphis location. The property's strong tenant and lease terms provide immediate cash flow and long-term stability, making it an ideal addition to any commercial real estate portfolio. This is a rare opportunity to acquire a profitable, well-located retail storefront in a thriving market. Don't miss out on this exceptional investment prospect.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $205,000

    • CAP approach

      CAP return
      Estimation
      6%
      $190,000
      6.5%
      $220,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $170,000
      Geo Method
      $175,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $210,000
      Mixed-Use
      $220,000
      Hospitality
      $205,000
      Educational
      $185,000
      Residential Income
      $230,000
      Energy
      $225,000
      Income-Based Land
      $230,000
      Food Service
      $220,000

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0071
    Latitude
    35.0545
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $2,471
    $4,240
    $36,320
    $40,560
    -
    $10,600
    $90,800
    $101,400

    Comparable in this City

    • Value Estimation by Request
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      View Details
    • Value Estimation
      $1,085,000
      9,116 SF

      3909 Elvis Presley Blvd

      RETAIL STORES (PERSONAL SERVICES) • 9,116 SF
      3909 Elvis Presley Blvd, Memphis, TN 38116-5627
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    • Value Estimation
      $1,205,000
      6,739 SF

      4619 Elvis Presley Blvd

      RETAIL STORES (PERSONAL SERVICES) • 6,739 SF
      4619 Elvis Presley Blvd, Memphis, TN 38116-7109
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    • Value Estimation
      $390,000
      1,286 SF

      1012 Raines Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,286 SF
      1012 Raines Rd, Memphis, TN 38116-6337
      View Details
    • Value Estimation
      $190,000
      1,289 SF

      1047 Raines Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,289 SF
      1047 Raines Rd, Memphis, TN 38116-6336
      View Details
    • Value Estimation
      $220,000
      4,080 SF

      4622 Faronia Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,080 SF
      4622 Faronia Rd, Memphis, TN 38116-7127
      View Details

    Similar Nearby for Sale

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      Freestanding Retail Investment Opportunity

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    Similar Nearby for Lease

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    • $10 SF/Yr
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    Memphis, TN 38116
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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