Financial
Distress signals
Property profile

3589 James Rd Memphis, TN 38128

OFF-MARKET
Grocery and convenience stores
Property ID
US80-3511122
2,384 SF 0.8 ac lot Built 1988
Last sale Jun 2006 · $915,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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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. 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?
$9k
Tax billed · 2022
Assessed value · 2023$144k
Assessed land$59k
Assessed improvement$84k
Effective rate6.09%

Value estimate

· Sep 2026
$880k
$792k – $968k
AI approach$865k
Submarket $/SF estimate$554k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$73/SF
Submarket average, outlier-cleaned · 210 recorded sales of this use type
Observed band · Q1–Q3$32 – $133

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-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 agency19.2
Restaurant17.8
Building Supply17.0

Location

3589 James Rd Memphis, TN 38128-5368
County assessor Recorded deeds · 6 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4288 Fayette, Memphis, TN 38128-5726 $55,000 Aug 2023 2,136 SF
2961 Covington, Memphis, TN 38128-6060 $4,147,500 Jul 2023 2,480 SF
3250 Coleman, Memphis, TN 38128-4605 $475,000 Feb 2023 2,400 SF
4081 Jackson, Memphis, TN 38128-6343 $110,000 Jan 2022 2,842 SF
4544 Stage, Memphis, TN 38128-4932 $255,000 Oct 2021 2,010 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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