Financial
Distress signals
Property profile

3502 Park Ave Memphis, TN 38111

OFF-MARKET
Retail space
Property ID
US80-2011759
13,259 SF 1.91 ac lot Built 2012
Entity Owned Owner of record is a legal entity (LLC / corporation). 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?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$66k
Tax billed · 2022
Assessed value · 2023$1.09M
Assessed land$219k
Assessed improvement$870k
Effective rate6.09%

Value estimate

· Sep 2026
$1.86M
$1.67M – $2.04M
CAP approach$2.04M
Sales comparison$1.74M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$88/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$61 – $131

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-1
PRINCIPAL USE R6 RU-1 RU-3 CMU-1 CMU-2 CMP-2 Woodworking, including Cabinet Makers and Furniture Manufacturing □ ■ Warehouse □ □ Recyclin...
General categoryMIXED_USE
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 Firm25.1
Realty agency23.5
Building Supply14.8

Location

3502 Park Ave Memphis, TN 38111-5622
County assessor Recorded deeds · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
707 Highland, Memphis, TN 38111-4244 $350,000 Feb 2025 5,557 SF
2918 Poplar, Memphis, TN 38111-2722 $2,014,000 Sep 2024 8,830 SF
1324 Getwell, Memphis, TN 38111-7222 $1,500,000 Sep 2022 9,100 SF
1308 Getwell, Memphis, TN 38111-7222 $1,500,000 Sep 2022 8,012 SF
3515 Park, Memphis, TN 38111-5621 $5,091,958 Jul 2022 15,590 SF
3574 Park, Memphis, TN 38111 $390,000 Apr 2022 11,980 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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