Property profile

3801 Watman Ave Memphis, TN 38118

OFF-MARKET
Warehouses
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Property ID
US80-1895701
12,800 SF 0.78 ac Built 1984
Last sale Apr 2026·$640,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$9k
Tax billed · 2022
Assessed value · 2023$153k
Assessed land$20k
Assessed improvement$133k
Effective rate6.09%

Value estimate

· Nov 2026
$250k
$225k – $275k
AI approach$250k

Realmo valuation models over county records and 7 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 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?
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 agency9.0
Locksmith8.9
Garden Center8.7

Location

3801 Watman Ave Memphis, TN 38118-6044
County assessor Recorded deeds · 7 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3729 Raines, Memphis, TN 38118-6823 $475,000 Jan 2025 16,500 SF
3595 Regal, Memphis, TN 38118-6100 $2,150,000 Nov 2024 11,205 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
5044 Malone, Memphis, TN 38118-7714 $3,590,000 Aug 2024 10,224 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
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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