Financial
Distress signals
Property profile

3625 Air Park St Memphis, TN 38118

OFF-MARKET
Warehouses
Property ID
US80-0160546
32,768 SF 1.63 ac lot Built 1969
Last sale Jul 2026 · $1,080,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ 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. 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?
$19k
Tax billed · 2022
Assessed value · 2023$312k
Assessed land$41k
Assessed improvement$271k
Effective rate6.09%

Value estimate

· Oct 2026
$500k
$450k – $550k
AI approach$500k
Submarket $/SF estimate$917k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$35/SF
ZIP average, outlier-cleaned · 170 recorded sales of this use type
Observed band · Q1–Q3$24 – $52
Qualifying comparables8

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?
IH
The IH district is intended to accommodate high impact manufacturing, industrial or other uses, including extractive and waste related us...
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 agency17.2
Law Firm12.7
Gym & Fitness11.6

Location

3625 Air Park St Memphis, TN 38118-6004
County assessor Recorded deeds · 2 transfers 8 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4299 Air Trans, Memphis, TN 38118-7416 $3,600,000 Nov 2025 33,976 SF
4079 Senator, Memphis, TN 38118-6009 $1,100,000 Jul 2025 28,621 SF
4180 Raines, Memphis, TN 38118-6940 $1,850,000 Jul 2025 16,875 SF
3751 Getwell, Memphis, TN 38118 $250,000 Mar 2025 19,987 SF
4940 Pleasant Hl, Memphis, TN 38118-7811 $2,505,000 Nov 2024 27,000 SF
5611 Universal, Memphis, TN 38118-7916 $730,000 Aug 2024 42,965 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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