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Property profile & analytics
FOR SALE
Mobile home & RV parks

3023 Lamar Ave Memphis, TN 38114

160,000 SF 3.81 ac lot Built 1942
Individually Owned 3-yr Hold Free & Clear
Property ID
US80-0569305
No photos on file
For Sale
Contact for pricing 160,000 SF
3023 Lamar Ave, Memphis, TN 38114
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Property profile
Verified
Property type Mobile home & RV parks
Use group MOBILE HOME PARK, TRAILER PARK
Year built 1942
Total area 160,000 SF
Lot 3.81 ac (165,920 SF)
Zoning code CMU-3
APN 059-031- - -00109
UPID US80-0569305
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.15M
Owner & transaction history
Tsegaye Haile · 3 yrs held
Tsegaye Haile
since 2023
Last sale
$5,000
5 recorded transactions
2023
Price N/A
2017
$5,000
2017
$43,000
2010
$180,000
1998
$155,000
Zoning & alternative use
CMU-3 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

3. Commercial Mixed Use - 3 (CMU-3) The CMU -3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require highly visible and highly accessible locations with direct access to arterials. Residential uses are allowed on the ground floor but upper -story units are encouraged. Typical uses in this…

Zone name Commercial Mixed Use 3
General category MIXED_USE
Zone area 4,582.25 ac
Source CHAPTER 1
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