Property profile

3580 Rdg Mdw Pkwy Memphis, TN 38115

OFF-MARKET
Banks
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Property ID
US80-0837788
2,364 SF 1 ac Built 1997
Last sale Dec 2025·$260,000
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.
Market Trends Soon

Property summary

AI-generated overview

The property is a former bank branch built in 1997 with 2,364 square feet of flexible interior space, including a lobby and reception area. The interior layout includes three private offices, a break room, an additional break room, and a large vault. The configuration supports tenant use that can accommodate both front-facing operations and back-office functions, and the building is arranged with dedicated office rooms and multiple common areas. Site features include a three-car drive-through…

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?
$11k
Tax billed · 2022
Assessed value · 2023$180k
Assessed land$57k
Assessed improvement$123k
Effective rate6.09%

Value estimate

· Nov 2026
$235k
$212k – $259k
AI approach$235k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$167/SF
County average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$109 – $246

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency49.4
Building Supply37.4
Law Firm31.4

Location

3580 Rdg Mdw Pkwy Memphis, TN 38115-4000
County assessor Recorded deeds · 13 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5343 Knight Arnold, Memphis, TN 38115-2816 $675,000 Mar 2025 2,460 SF
6193 Mt Moriah Rd, Memphis, TN 38115-2748 $287,092 Jan 2024 2,368 SF
5915 Raines, Memphis, TN 38115-6202 $500,000 Oct 2023 2,520 SF
3156 Mendenhall, Memphis, TN 38115-2844 $534,570 Sep 2022 2,160 SF
2799 Mendenhall, Memphis, TN 38115-2271 $529,126 Feb 2022 2,496 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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Includes: Price & PSF · Cap rate · Location · Zoning

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