Property profile

3045 Southern Ave Memphis, TN 38111

OFF-MARKET
Strip malls
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Property ID
US80-0174887
2,279 SF 0.07 ac Built 1922
Last sale Jun 2023·$235,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 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?
$2k
Tax billed · 2022
Assessed value · 2023$28k
Assessed land$4k
Assessed improvement$24k
Effective rate6.09%

Value estimate

· Nov 2026
$225k
$203k – $248k
AI approach$195k

Realmo valuation models over county records.

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

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency49.6
Building Supply37.8
Law Firm36.3

Location

3045 Southern Ave Memphis, TN 38111-3220
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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
1238 Getwell, Memphis, TN 38111-7345 $144,000 Dec 2023 3,210 SF
3167 Barron, Memphis, TN 38111-3931 $100,000 Sep 2022 3,468 SF
3140 Barron, Memphis, TN 38111-2845 $180,000 Sep 2022 1,275 SF
3449 Park, Memphis, TN 38111-4144 $370,000 Oct 2019 4,320 SF
3909 Elliston, Memphis, TN 38111-6341 $90,000 Oct 2019 2,268 SF
911 Kelly, Memphis, TN 38111-6620 $115,000 Mar 2019 2,280 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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