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Property profile

3320 Austin Peay Hwy Memphis, TN 38128

FOR SALE
Day care centers
Property ID
US80-1617045
20,710 SF 4.59 ac lot Built 1984
Last sale Mar 2016 · $1,166,438
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a two-story commercial building totaling 20,700 square feet, situated on a spacious lot with on-site parking. Interior spaces include large, open rooms designed to support flexible layouts and customization. The building’s expansive floor area and versatile configuration make it suitable for a range of uses such as a funeral home, multi-purpose event or banquet facility, community center, medical or educational institution, or professional office complex. It is located in Memphis, Tennessee 38128.

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?
$28k
Tax billed · 2022
Assessed value · 2023$462k
Assessed land$121k
Assessed improvement$342k
Effective rate6.09%

Value estimate

· Oct 2026
$510k
$459k – $561k
Submarket $/SF estimate$1.21M
NOI build-up
Gross scheduled income$460k
Vacancy & credit loss−$74k
Operating expenses−$97k
NOI · 22.30% cap applied$290k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$51/SF
Submarket average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$33 – $76

Cap rate analysis

How does the asset earn?
22.30%
$290k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CMU-2
The CMU-2 District is intended to provide for commercial, office, and employment uses that serve through traffic as well as surrounding n...
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 agency20.0
Dental Office19.0
Law Firm14.0

Location

3320 Austin Peay Hwy Memphis, TN 38128
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4964 Raleigh Lagrange, Memphis, TN 38128 $525,000 Dec 2024 8,185 SF
4340 Fayette, Memphis, TN 38128-5724 $155,000 Oct 2024 1,300 SF
4108 Jackson, Memphis, TN 38128-6300 $40,700 Mar 2024 1,212 SF
2975 Ee, Memphis, TN 38128-5734 $53,000 Feb 2023 1,247 SF
4169 Jackson, Memphis, TN 38128-6315 $175,000 Dec 2022 1,854 SF
3927 Timberwood, Memphis, TN 38128-3180 $130,000 Feb 2022 1,113 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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