Property profile

2244 Lamar Ave Memphis, TN 38114

OFF-MARKET
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Property ID
US80-2869196
54,382 SF 8.75 ac 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.
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?
$121k
Tax billed · 2022
Assessed value · 2023$1.99M
Assessed land$391k
Assessed improvement$1.60M
Effective rate6.09%

Value estimate

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

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

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 3 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 · 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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Includes: Price & PSF · Cap rate · Location · Zoning

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