Property profile

4112 3rd St Memphis, TN 38109

OFF-MARKET
Retail space
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Property ID
US80-1904769
6,864 SF 0.98 ac Built 2003
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. ~ 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?
$18k
Tax billed · 2022
Assessed value · 2023$289k
Assessed land$43k
Assessed improvement$247k
Effective rate6.09%

Value estimate

· Nov 2026
$270k
$243k – $297k
CAP approach$1.02M
Submarket $/SF estimate$976k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
Submarket average, outlier-cleaned · 326 recorded sales of this use type
Observed band · Q1–Q3$37 – $142
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?
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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply25.0
Dental Office23.8
Restaurant20.1

Location

4112 3rd St Memphis, TN 38109
County assessor Recorded deeds · 1 transfer 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
5226 3rd, Memphis, TN 38109-6236 $137,000 Jan 2026 9,330 SF
4324 3rd, Memphis, TN 38109-5265 $193,600 Sep 2023 9,125 SF
3501 3rd, Memphis, TN 38109-8243 $1,825,396 Aug 2023 10,640 SF
2195 3rd, Memphis, TN 38109-7709 $95,000 Apr 2023 6,000 SF
1890 3rd, Memphis, TN 38109-7714 $1,600,000 Nov 2022 4,800 SF
4672 3rd, Memphis, TN 38109-5626 $725,000 Nov 2022 4,056 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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