Financial
Distress signals
Property profile

566 Bingham St Memphis, TN 38112

OFF-MARKET
Other warehouses
Property ID
US80-1719226
20,496 SF 1.56 ac lot Built 1968
Last sale Apr 2025 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a flex/industrial building with a total area of 20,496 square feet, including 2,736 square feet of office space. It is equipped with two dock-high doors and offers a warehouse clear height of 14 feet, supporting combined warehouse/distribution use with on-site administrative functions. The site also includes an additional secured storage lot for expanded exterior storage capacity. The building is located on the corner of N Bingham St and Summer Avenue in Memphis, Tennessee.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$3k
Tax billed · 2022
Assessed value · 2023$43k
Assessed land$23k
Assessed improvement$20k
Effective rate6.09%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$26/SF
ZIP average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$19 – $39
Qualifying comparables3

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?
EMP
The EMP District is intended to accommodate office, light manufacturing, research and development, warehousing, wholesale, processing and...
General categoryINDUSTRIAL
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 agency33.1
Dental Office21.6
Restaurant17.5

Location

566 Bingham St Memphis, TN 38112-2208
County assessor Recorded deeds · 4 transfers 3 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
2615 Summer, Memphis, TN 38112-2609 $500,000 Oct 2024 14,093 SF
2727 Faxon, Memphis, TN 38112-2302 $1,600,000 Aug 2022 32,382 SF
597 Vandalia, Memphis, TN 38112-3011 $440,000 Jul 2022 10,464 SF
2605 Summer, Memphis, TN 38112-2609 $350,000 Jun 2022 23,399 SF
737 Scott, Memphis, TN 38112-2219 $58,000 Jun 2022 15,177 SF
742 Sc0tt, Memphis, TN 38112 $65,000 Aug 2021 10,488 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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