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    Property profile & analytics

    3003 Airways Blvd Memphis, TN 38131-0117

    • Industrial properties
    • 34,200 SF
    • 11.13 lot acres
    OFF-MARKET
    Value Estimation
    $540,000
    Last Sale
    Dec 13, 2021
    Location Intelligence
    Property ID
    US80-1006541
    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

    • KGImports.com / Pet Supply Store / Horse Boarding Stable
    • All Day Prints / Gift Shop / Custom T-Shirt Store
    • Executive Plaza / Property Management Company
    • NMR Technologies, LLC / Computer Support And Services
    • Hearthstone Taxes and Notary / Tax Preparation

    Property Details for 3003 Airways Blvd

    Year built
    1972
    Lot size
    11.13 lot acres
    Property size
    34,200 SF
    Zone code
    EMP
    Property type
    Industrial properties
    Property subtype
    Loft space
    APN
    060-222- - -00174
    APU
    6022200174

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.992
    Latitude
    35.0637
    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
    $16,462
    $106,640
    $163,600
    $270,240
    -
    $266,600
    $409,000
    $675,600

    Comparable in this City

    • Value Estimation
      $415,000
      19,968 SF

      2178 Venture Dr

      INDUSTRIAL LOFT BUILDING • 19,968 SF
      2178 Venture Dr, Memphis, TN 38131-0901
      View Details
    • Value Estimation
      $4,525,000
      22,040 SF

      3120 Directors Row

      INDUSTRIAL LOFT BUILDING • 22,040 SF
      3120 Directors Row, Memphis, TN 38131-0401
      View Details
    • Value Estimation
      $4,515,000
      17,380 SF

      3036 Directors Row

      INDUSTRIAL LOFT BUILDING • 17,380 SF
      3036 Directors Row, Memphis, TN 38131-0401
      View Details
    • Value Estimation
      $400,000
      20,460 SF

      3089 Directors Row

      INDUSTRIAL LOFT BUILDING • 20,460 SF
      3089 Directors Row, Memphis, TN 38131-0403
      View Details
    • Value Estimation by Request
      15,600 SF

      3111 Directors Row

      INDUSTRIAL LOFT BUILDING • 15,600 SF
      3111 Directors Row, Memphis, TN 38131-0405
      View Details
    • Value Estimation
      $1,630,000
      20,286 SF

      2844 Directors Cv

      INDUSTRIAL LOFT BUILDING • 20,286 SF
      2844 Directors Cv, Memphis, TN 38131-0301
      View Details
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    3003 Airways Blvd
    Memphis, TN 38131-0117
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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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