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    3092 Poplar Ave Memphis, TN 38111-3536

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    Property profile & analytics

    3092 Poplar Ave Memphis, TN 38111-3536


    • Strip malls
    • 72,481 SF
    • 4.60 lot acres
    Off-Market
    Last Sale Jan 27, 2023
    $2,900,000
    Property ID
    US80-1508985
    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.

    Value Estimations
    $2,880,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Beyond The Spa LLC / Spa & Massage Center
    • Ginny Bea Boutique / Clothing Store
    • Lese's Boutique / Clothing & Fashion Store
    • Inspire Body Therapy Inc. / Nail Salon
    • Boshi Botanicals / (Bike/Boat/Book/etc) Store / Cosmetic Store

    Property Details for 3092 Poplar Ave

    Year built
    1970
    Lot size
    4.60 lot acres
    Property size
    72,481 SF
    Zone code
    CMU-1
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    044-012- - -00003
    APU
    4401200003

    Description

    This exceptional Memphis commercial property, Chickasaw Oaks, offers 67,525 square feet of versatile space at 3092 Poplar Ave, zip code 38111, in Shelby County, Tennessee. Built in 1970, this two-story building boasts a prime location with excellent visibility and high traffic counts. Walnut Grove Road sees 16,000 vehicles per day, while Poplar Avenue boasts an impressive 32,000 vehicles per day. The property is currently configured as a mix of retail and creative office space, with multiple tenants in place. One retail space of 1,371 square feet is currently available. The building's diverse tenant mix includes established businesses such as La Baguette Bakery, Regional One Health, Results Physiotherapy, Lisa Mallory, Mahogany Restaurant, and Seize the Clay. The property features convenient second-floor storage and flexible office space, catering to a variety of business needs. This property presents a unique opportunity to acquire a well-located, established commercial building in a thriving Memphis neighborhood. The property is classified as Retail, Office, and Special Purpose, with a Creative Office and Retail subtype.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,795,000
      ML approach
      $2,925,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,801,000
      Market price range: $2.31M - $9.64M
      AI Estimate
      $2,394,000
      Market price range: $1.82M - $5.51M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $4,380,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9587
    Latitude
    35.1328
    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
    $73,100
    $609,840
    $590,160
    $1,200,000
    -
    $1,524,600
    $1,475,400
    $3,000,000
    More about this property
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