Property profile

3590 Thomas St Memphis, TN 38127

FOR SALE
Medical Office Space
Saved · see the list in your Dashboard
Property ID
US80-1952606
3,417 SF 1.7 ac Built 1946
Last sale Apr 2017·$75,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years.
Market Trends Soon

Property summary

AI-generated overview

The Frayser Bauhaus is a landmark property with a unique layout configured for live/work use by creative or service professionals. The space has been used historically as a non-residential property since 1958 and could be converted back into a home. The configuration is potentially suitable for uses such as an event space, recording studio, catering operation, art school, photography studio, tutoring center, or a custom clothing atelier. The property is located along a high-traffic corridor with more than 35,000 vehicles passing by daily.

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?
$2k
Tax billed · 2022
Assessed value · 2023$31k
Assessed land$23k
Assessed improvement$8k
Effective rate6.09%

Value estimate

· Nov 2026
$225k
$203k – $248k
AI approach$225k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$143/SF
Submarket average, outlier-cleaned · 89 recorded sales of this use type
Observed band · Q1–Q3$58 – $211
Qualifying comparables10

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: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant18.3
Law Firm17.8
Dental Office17.1

Location

3590 Thomas St Memphis, TN 38127
County assessor Recorded deeds · 14 transfers 10 qualifying comp sales 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

1 recorded sale · 18 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
943 Whitney, Memphis, TN 38127-7734 $900,000 Sep 2023 3,502 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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