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Property profile

3635 Lamar Ave Memphis, TN 38118

OFF-MARKET
Auto shops
Property ID
US80-0474044
1,736 SF 0.36 ac lot Built 1964
Last sale Sep 2026 · $165,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A retail storefront property totaling 1,924 square feet, configured as a single, standalone retail asset. The property is located at 3635 Lamar Ave in Memphis, Tennessee, providing direct street-address frontage along Lamar Ave suitable for neighborhood retail use. The size and layout support a range of retail concepts that require customer access to the premises, with space designed for dedicated retail occupancy rather than a multi-tenant configuration.

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?
$3k
Tax billed · 2022
Assessed value · 2023$51k
Assessed land$17k
Assessed improvement$34k
Effective rate6.09%

Value estimate

· Oct 2026
$230k
$207k – $253k
AI approach$230k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
Submarket average, outlier-cleaned · 238 recorded sales of this use type
Observed band · Q1–Q3$38 – $185
Qualifying comparables7

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-3
The CMU-3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require hi...
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 agency19.7
Dental Office17.0
Law Firm16.2

Location

3635 Lamar Ave Memphis, TN 38118-2842
County assessor Recorded deeds · 5 transfers 7 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3741 Lamar, Memphis, TN 38118-3706 $1,025,000 Apr 2025 1,410 SF
2804 Perkins, Memphis, TN 38118-2431 $975,000 Oct 2024 1,876 SF
3656 Lamar, Memphis, TN 38118-2839 $100,000 Aug 2022 2,193 SF
4727 Pleasant Run, Memphis, TN 38118-7827 $1,239,254 Jul 2022 2,560 SF
4243 Pidgeon Roost, Memphis, TN 38118-6908 $155,000 Apr 2022 3,000 SF
2687 Getwell, Memphis, TN 38118-1847 $175,000 Feb 2021 2,948 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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