Financial
Distress signals
Property profile

3057 Thomas St Memphis, TN 38127

OFF-MARKET
Turn key restaurants
Property ID
US80-0490395
2,163 SF 0.18 ac lot Built 1940
Last sale May 2025 · $55,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$2k
Tax billed · 2022
Assessed value · 2023$32k
Assessed land$5k
Assessed improvement$27k
Effective rate6.09%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

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 comparables8

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 agency14.7
Law Firm13.8
Hair Salon12.0

Location

3057 Thomas St Memphis, TN 38127-7605
County assessor Recorded deeds · 4 transfers 8 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2191 Frayser, Memphis, TN 38127 $1,827,840 Jul 2025 2,010 SF
2731 Range Line, Memphis, TN 38127-8834 $160,000 Apr 2025 2,036 SF
3990 Thomas, Memphis, TN 38127-3732 $140,000 Oct 2024 1,983 SF
2629 Hollywood, Memphis, TN 38127-8803 $2,115,398 Sep 2024 2,197 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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