3980 Park Ave Memphis, TN 38111-7404
- Strip malls
- 11,768 SF
- 0.75 lot acres
Current Use by Public Records
- Cricket Wireless Authorized Retailer / Cell Phone Store
- USA Cell Accessories / Cell Phone Store
Property Details for 3980 Park Ave
- Year built
- 1951
- Lot size
- 0.75 lot acres
- Property size
- 11,768 SF
- Zone code
- CMU-1
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 046-051- - -00027
- APU
- 4605100027
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,565,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,585,000
- 6.5%
- $1,520,000
- 7%
- $1,760,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,605,000
- Geo Method
- $1,600,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,860,000
- Retail
- $1,860,000
- Mixed-Use
- $2,055,000
- Hospitality
- $2,005,000
- Educational
- $1,680,000
- Residential Income
- $1,825,000
- Energy
- $2,010,000
- Income-Based Land
- $1,520,000
- Food Service
- $1,900,000
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.9298
- Latitude
- 35.1078
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA