Property profile

3990 Thomas St Memphis, TN 38127

OFF-MARKET
Retail space
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Property ID
US80-1071140
1,983 SF 0.27 ac Built 1946
Last sale Jan 2025·$140,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 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?
$1k
Tax billed · 2022
Assessed value · 2023$22k
Assessed land$5k
Assessed improvement$18k
Effective rate6.09%

Value estimate

· Nov 2026
$75k
$68k – $83k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$56/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$22 – $86
Qualifying comparables5

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: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant17.3
Law Firm17.1
Building Supply15.4

Location

3990 Thomas St Memphis, TN 38127-3732
County assessor Recorded deeds · 4 transfers 5 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
2731 Range Line, Memphis, TN 38127-8834 $160,000 Apr 2025 2,036 SF
2120 Frayser, Memphis, TN 38127-5755 $1,800,000 Jan 2024 2,684 SF
3333 Thomas, Memphis, TN 38127-5906 $205,865 Nov 2023 2,580 SF
3160 Cor, Memphis, TN 38127 $157,500 Nov 2023 2,301 SF
3240 Thomas, Memphis, TN 38127-6001 $320,000 May 2023 1,664 SF
2560 Watkins, Memphis, TN 38127 $400,000 Mar 2023 2,550 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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