Financial
Distress signals
Property profile

3241 Elvis Presley Blvd Memphis, TN 38116

OFF-MARKET
Turn key restaurants
Property ID
US80-2001446
1,950 SF 0.38 ac lot Built 1956
Last sale Nov 2023 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
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. 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?
$4k
Tax billed · 2022
Assessed value · 2023$69k
Assessed land$34k
Assessed improvement$35k
Effective rate6.09%

Value estimate

· Sep 2026
$290k
$261k – $319k
AI approach$285k

Realmo valuation models over county records and 8 qualifying comparable sales.

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-3
The CMU-3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require hi...
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 agency18.0
Dental Office14.2
Law Firm13.6

Location

3241 Elvis Presley Blvd Memphis, TN 38116-3255
County assessor Recorded deeds · 2 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3490 Elvis Presley, Memphis, TN 38116-4332 $1,638,336 Jul 2025 2,265 SF
2206 Shelby, Memphis, TN 38116-7602 $200,000 May 2024 1,800 SF
3440 Elvis Presley, Memphis, TN 38116-3260 $500,000 Apr 2024 2,415 SF
2033 Winchester, Memphis, TN 38116-4914 $72,000 Mar 2024 1,647 SF
1725 Winchester, Memphis, TN 38116-3617 $250,000 Mar 2024 2,649 SF
1505 Brks, Memphis, TN 38116-1903 $249,228 Nov 2023 2,640 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3241 Elvis Presley Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message