Property profile

2221 Frayser Blvd Memphis, TN 38127

OFF-MARKET
Drive through restaurants
Saved · see the list in your Dashboard
Property ID
US80-3557383
2,694 SF 0.8 ac Built 1979
Last sale Apr 2025·$900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 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?
$15k
Tax billed · 2022
Assessed value · 2023$241k
Assessed land$27k
Assessed improvement$214k
Effective rate6.09%

Value estimate

· Nov 2026
$710k
$639k – $781k
AI approach$700k
Submarket $/SF estimate$1.18M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$308/SF
Submarket average, outlier-cleaned · 217 recorded sales of this use type
Observed band · Q1–Q3$95 – $504
Qualifying comparables7

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm25.2
Dental Office20.2
Spa & Massage15.6

Location

2221 Frayser Blvd Memphis, TN 38127-5745
County assessor Recorded deeds · 6 transfers 7 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2629 Hollywood, Memphis, TN 38127-8803 $2,115,398 Sep 2024 2,197 SF
3074 Thomas, Memphis, TN 38127-7606 $65,000 Mar 2024 2,909 SF
2120 Frayser, Memphis, TN 38127-5755 $1,800,000 Jan 2024 2,684 SF
3275 Thomas, Memphis, TN 38127-6013 $440,000 Dec 2023 2,709 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
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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