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Financial
Distress signals
Property profile

3549 Norriswood Ave Memphis, TN 38111

OFF-MARKET
Assisted living facilities
Property ID
US80-0982551
56,913 SF 1.37 ac lot Built 1977
Last sale Jun 2022 · $27,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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 · 2021

What does the county charge?
$110k
Tax billed · 2021
Assessed value · 2023$1.79M
Assessed land$54k
Assessed improvement$1.73M
Effective rate6.16%

Value estimate

· Oct 2026
$880k
$792k – $968k
AI approach$720k
Submarket $/SF estimate$1.04M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
RU-3
Housing Type RU-1 RU-2 RU-3 RU-4 RU-5 Conventional Side Yard House Cottage ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ -- -- -- Semi-Attached Two-Family Town...
General categoryRESIDENTIAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply11.8
Kitchen & Bath11.1
Electrical Service10.8

Location

3549 Norriswood Ave Memphis, TN 38111-5911
County assessor Recorded deeds · 9 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

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3030 Walnut Grv, Memphis, TN 38111-3508 $250,000 Feb 2025 75,320 SF
366 Highland, Memphis, TN 38111-4448 $13,000,000 Jun 2022 100,822 SF
3550 Watauga, Memphis, TN 38111-5922 $100,000 Feb 2019 12,686 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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