Property profile

3770 Lamar Ave Memphis, TN 38118

OFF-MARKET
Banks
Property ID
US80-2019017
4,548 SF 0.86 ac lot Built 1966
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1966
Total area 4,548 SF
Lot 0.86 ac (37,462 SF)
Zoning code CMU-2
APN 073-012- - -00020
UPID US80-2019017

Cap rate & NOI

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

Location

3770 Lamar Ave Memphis, TN 38118-3742
Memphis metro Census 10500 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2018
7 recorded transactions
2020
Price N/A
2018
Price N/A
2017
$160,000
2006
Price N/A
2006
$278,200
2005
$10.0M
1969
Price N/A

Zoning & alternative use

CMU-2 · Memphis, TN
Zoning description

h. CMU-2 and CBD districts. Any convenience store with gas pumps or gas stations constructed in the CMU-2 and CBD districts after the effective date of this ordinance (ZTA 21 -2) or reactivated after one year of disconti…

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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