Property profile

3656 Lamar Ave Memphis, TN 38118

OFF-MARKET
Auto shops
Property ID
US80-0891809
2,193 SF 0.35 ac lot Built 1957
Individually Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1957
Total area 2,193 SF
Lot 0.35 ac (15,377 SF)
Zoning code CMU-3
APN 073-014- - -00005
UPID US80-0891809

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Location

3656 Lamar Ave Memphis, TN 38118-2839
Memphis metro Census 10500 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$70k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$80k

Owner & transaction history

since 2022
Last sale
$100,000
2 recorded transactions
2022
$100,000
2003
$100,000

Zoning & alternative use

CMU-3 · Memphis, TN
Zoning description

3. Commercial Mixed Use - 3 (CMU-3) The CMU -3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require highly visible and highly accessible locations w…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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