Property profile

865 Brks Rd Memphis, TN 38116

OFF-MARKET
Grocery and convenience stores
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Property ID
US80-3483073
2,994 SF 0.68 ac Built 1988
Last sale Jun 2013·$425,000
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 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?
$6k
Tax billed · 2022
Assessed value · 2023$92k
Assessed land$27k
Assessed improvement$65k
Effective rate6.09%

Value estimate

· Nov 2026
$1.16M
$1.04M – $1.27M
AI approach$1.15M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$43/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$28 – $68
Qualifying comparables4

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-1
PRINCIPAL USE R6 RU-1 RU-3 CMU-1 CMU-2 CMP-2 Woodworking, including Cabinet Makers and Furniture Manufacturing □ ■ Warehouse □ □ Recyclin...
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 agency13.1
Law Firm11.7
Parking Facility10.3

Location

865 Brks Rd Memphis, TN 38116-3122
County assessor Recorded deeds · 8 transfers 4 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3459 Windcrest, Memphis, TN 38116-3619 $100,000 May 2025 2,784 SF
1652 Winchester, Memphis, TN 38116-3518 $320,000 Jan 2025 3,636 SF
979 Brks, Memphis, TN 38116-3124 $268,768 Jan 2024 2,800 SF
1505 Brks, Memphis, TN 38116-1903 $249,228 Nov 2023 2,640 SF
878 Raines, Memphis, TN 38116-6303 $140,000 Oct 2023 3,600 SF
2015 Brks, Memphis, TN 38116-2401 $360,000 Oct 2023 3,864 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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