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Financial
Distress signals
Property profile

3689 Cherry Rd Memphis, TN 38118

OFF-MARKET
Other warehouses
Property ID
US80-1277915
17,336 SF 0.79 ac lot Built 1991
Last sale Feb 2025 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A heated and cooled flex property totaling approximately 10,741 square feet sits on more than 1.5 acres across two parcels. The building includes 13 private offices, a reception area, a conference room, a kitchen with an ice maker and stove, four bathrooms, a training room, and two additional multi-purpose rooms. Warehouse and loading features include two grade-level doors, one dock door, an installed pallet racking system, and an approximate 18-foot clear height. The site provides 33 parking…

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?
$12k
Tax billed · 2022
Assessed value · 2023$195k
Assessed land$37k
Assessed improvement$158k
Effective rate6.09%

Value estimate

· Oct 2026
$290k
$261k – $319k

Realmo valuation models over county records and 5 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 comparables5

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?
EMP
The EMP District is intended to accommodate office, light manufacturing, research and development, warehousing, wholesale, processing and...
General categoryINDUSTRIAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.4
Realty agency17.3
Pharmacy12.2

Location

3689 Cherry Rd Memphis, TN 38118-6356
County assessor Recorded deeds · 16 transfers 5 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
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
3729 Raines, Memphis, TN 38118-6823 $475,000 Jan 2025 16,500 SF
2548 Lindawood, Memphis, TN 38118-1503 $800,000 Aug 2024 12,690 SF
4519 Lamar, Memphis, TN 38118 $4,179,762 Aug 2024 14,902 SF
3651 Cherry, Memphis, TN 38118-6356 $650,000 May 2024 16,150 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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