Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

3229 Park Ave Memphis, TN 38111

OFF-MARKET
Office buildings
Property ID
US80-1387976
1,930 SF 0.22 ac lot Built 1937
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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. 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?
$1k
Tax billed · 2022
Assessed value · 2023$24k
Assessed land$8k
Assessed improvement$17k
Effective rate6.09%

Value estimate

· Oct 2026
$260k
$234k – $286k
AI approach$260k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$119/SF
Submarket average, outlier-cleaned · 520 recorded sales of this use type
Observed band · Q1–Q3$63 – $194
Qualifying comparables4

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?
OG
B. Office General (OG) The OG District is intended to accommodate a range of more intense professional office uses and a limited range of...
General categoryCIVIC_INSTITUTIONAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm20.8
Realty agency19.8
Kitchen & Bath12.4

Location

3229 Park Ave Memphis, TN 38111-3045
County assessor Recorded deeds · not on file 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
812 Highland, Memphis, TN 38111-4253 $750,000 Apr 2025 1,896 SF
3439 Park, Memphis, TN 38111-4148 $300,000 Nov 2024 2,000 SF
3638 Park, Memphis, TN 38111-5626 $195,000 Nov 2024 2,000 SF
3573 Southern, Memphis, TN 38111-5813 $310,000 Dec 2023 2,460 SF
3069 Park, Memphis, TN 38111-3017 $130,000 Jan 2021 2,160 SF
3216 Park, Memphis, TN 38111-3046 $90,000 Oct 2020 1,736 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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