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Property profile & analytics

3092 Poplar Ave Memphis, TN 38111-3536

  • Strip malls
  • 72,481 SF
  • 4.60 lot acres
OFF-MARKET
Last Sale
Jan 27, 2023
$2,900,000
Value Estimations
$2,815,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US80-1508985
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

  • Beyond The Spa LLC / Spa
  • Ginny Bea Boutique / Clothing Store
  • Lese's Boutique / Boutique
  • Inspire Body Therapy Inc. / Nail Salon / Medical Spa
  • Boshi Botanicals / Health And Beauty Shop / Beauty Product Supplier

Property Details for 3092 Poplar Ave

Year built
1970
Lot size
4.60 lot acres
Property size
72,481 SF
Zone code
CMU-1
Property type
Strip malls
Property subtype
Neighborhood centers
APN
044-012- - -00003
APU
4401200003

Description

This exceptional Memphis commercial property, Chickasaw Oaks, offers 67,525 square feet of versatile space at 3092 Poplar Ave, zip code 38111, in Shelby County, Tennessee. Built in 1970, this two-story building boasts a prime location with excellent visibility and high traffic counts. Walnut Grove Road sees 16,000 vehicles per day, while Poplar Avenue boasts an impressive 32,000 vehicles per day. The property is currently configured as a mix of retail and creative office space, with multiple tenants in place. One retail space of 1,371 square feet is currently available. The building's diverse tenant mix includes established businesses such as La Baguette Bakery, Regional One Health, Results Physiotherapy, Lisa Mallory, Mahogany Restaurant, and Seize the Clay. The property features convenient second-floor storage and flexible office space, catering to a variety of business needs. This property presents a unique opportunity to acquire a well-located, established commercial building in a thriving Memphis neighborhood. The property is classified as Retail, Office, and Special Purpose, with a Creative Office and Retail subtype.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $2,795,000
    ML approach
    $2,925,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $3,801,000
    Market price range: $2.31M - $9.64M
    AI Estimate
    $2,394,000
    Market price range: $1.82M - $5.51M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Memphis
County
Shelby
State
Tennessee
Longitude
-89.9587
Latitude
35.1328
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
$73,100
$609,840
$590,160
$1,200,000
-
$1,524,600
$1,475,400
$3,000,000
More about this property
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