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Property profile & analytics
OFF-MARKET
Specialty properties
3260 Hickory Hl Rd Memphis, TN 38115-3137
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-0583274
Property summary
AI-generated overview
This exceptional investment opportunity encompasses two buildings totaling 6,900-12,000 square feet on a 37,462 sq ft lot at 3260 & 3262 Hickory Hill Rd, Memphis, TN 38115. Built in 1985 and renovated in 2022, this Class C property features a blend of creative and traditional office spaces, along with retail suites. Currently, the property includes a securely leased pet boarding and grooming service (2-year lease) and several occupied barber and tattoo artist suites, generating immediate cash flow. Nine retail spaces are available, offering significant potential for customization and rental income growth. A second-story apartment provides additional residential or rental income opportunities. The property is zoned CMU-1 (Commercial Mixed Use-1) and offers ample parking. The asking price is $425,000, with month-to-month lease options available. This versatile property is ideal for investors and owner-occupiers seeking strong returns in a high-traffic area. The property is for sale by owner.
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
1985
Construction
FRAME
Total area
6,998 SF
Lot
0.86 ac (37,462 SF)
Zoning code
CMU-1
APN
093-100- - -00081
UPID
US80-0583274
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Montgomery Jr J K DVM Veterinary Clinic
-
C3 Beauty School Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Yulonda Ewing · 4 yrs held
Yulonda Ewing
since 2022
Last sale
$310,000
7 recorded transactions
Zoning & alternative use
CMU-1 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Memphis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Memphis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
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T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$10,785
Tax year 2022
Assessed value
$177,040
Assessed 2023
Previous assessed
$177,040
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$39,920
Assessed improvement
$137,120
Land market value
$99,800
Improvement market value
$342,800
Total market value
$442,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
1985
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
6,998 SF
Lot
0.86 ac (37,462 SF)
Zoning code
CMU-1
APN
093-100- - -00081
UPID
US80-0583274
Jurisdiction
SHELBY
Zoning & alternative use
CMU-1 · Memphis, TN
Zoning CMU-1 · permitted uses
CMU-1 · Memphis, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Memphis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
Yulonda Ewing
Individual
Mailing address
844 GRN T LK W, HERNANDO, MS 38632-4516
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2023
—
Yulonda Ewing
—
Deed
related
$275,083 · Evolve Bank & Trust
Jul 12, 2022
$310,000
Yulonda Ewing
J K Montgomery JR
Warranty Deed
—
Feb 3, 2017
—
James K Montgomery
—
Deed
related
$311,821 · Regions Bk
Feb 7, 2005
—
Montgomery J K JR Trust
Montgomery,james K JR
Quit Claim Deed
related
—
Jan 27, 1999
—
James K Montgomery
Truitt & Montgomery
Quit Claim Deed
related
$650,000 · First American National Bank
—
—
Montgomery,j K JR Living Trust
—
Deed Of Trust
related
$357,246 · Regions Bk/fayette
—
—
James K Montgomery
—
Deed Of Trust
related
$398,556 · Regions Bank
—
—
James K Montgomery
—
Loan Modification
related
$311,821 · Regions Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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