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Property profile & analytics
OFF-MARKET Estimated value $805,000
Strip malls

3514 Ramill Rd Memphis, TN 38128-3300

29,575 SF 2.48 ac lot Built 1976
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US80-1935847
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1976
Total area 29,575 SF
Lot 2.48 ac (108,029 SF)
Zoning code CMU-1
APN 086-036- - -00032
UPID US80-1935847
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
  • Salt Associate Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$845k
CAP Approach CAP
by Request
Comparable Approach Comparable
$643k
Blend (final) Blend
$805k
Owner & transaction history
King & I Learning Academy LLC · 2 yrs held
King & I Learning Academy LLC
since 2023
Last sale
$800,000
6 recorded transactions
2025
Price N/A
2023
$800,000
2022
Price N/A
2016
$750,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CMU-1 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

PRINCIPAL USE R6 RU-1 RU-3 CMU-1 CMU-2 CMP-2 Woodworking, including Cabinet Makers and Furniture Manufacturing □ ■ Warehouse □ □ Recycling Drop-off Facility □ □ □ Neighborhood Garden ■ ■ ■ ■ ■ ■ Planned Development1 □ □ □ 1. Planned Developments approved prior to the adoption of the University District Overlay (July 22, 2009) are not affected. Definitions Fo…

Zone name Commercial Mixed Use 1
General category MIXED_USE
Zone area 3,556.17 ac
Source CHAPTER 1
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