Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

3880 Lamar Ave Memphis, TN 38118

OFF-MARKET
Bars & Pubs
Property ID
US80-0059240
3,600 SF 0.78 ac lot Built 1974
Last sale Jul 2007 · $175,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This corner-lot commercial property contains approximately 3,600 square feet of interior space. The layout includes a kitchen area, separate restrooms for men and women, a ladies’ locker room, and private office space. The building is located at the intersection of Lamar Avenue and Getwell Road, near I-240 and other major highway routes, providing high vehicular traffic exposure along the corridor.

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?
$4k
Tax billed · 2022
Assessed value · 2023$71k
Assessed land$44k
Assessed improvement$27k
Effective rate6.09%

Value estimate

· Oct 2026
$170k
$153k – $187k
AI approach$140k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$308/SF
Submarket average, outlier-cleaned · 217 recorded sales of this use type
Observed band · Q1–Q3$95 – $504
Qualifying comparables9

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 agency21.7
Dental Office19.3
Law Firm16.4

Location

3880 Lamar Ave Memphis, TN 38118-3742
County assessor Recorded deeds · 3 transfers 9 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
4835 Winchester, Memphis, TN 38118-5484 $2,000,000 Feb 2026 3,602 SF
3751 Lamar, Memphis, TN 38118-3706 $1,025,000 Apr 2025 3,946 SF
2831 Perkins, Memphis, TN 38118-2432 $550,000 Jan 2025 3,288 SF
3770 Shelby, Memphis, TN 38118-7261 $1,916,667 Oct 2024 3,474 SF
3150 Perkins, Memphis, TN 38118-3240 $350,000 Mar 2024 4,100 SF
4260 Winchester, Memphis, TN 38118-6298 $725,000 Mar 2024 3,000 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3880 Lamar Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again