Property profile

2231 Central Ave Memphis, TN 38104

OFF-MARKET
Retail space
Saved · see the list in your Dashboard
Property ID
US80-0164538
1,534 SF 0.16 ac Built 1962
Last sale Feb 2023·$600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 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?
$2k
Tax billed · 2022
Assessed value · 2023$37k
Assessed land$21k
Assessed improvement$16k
Effective rate6.09%

Value estimate

· Nov 2026
$580k
$522k – $638k
AI approach$520k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$120/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$57 – $178
Qualifying comparables8

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.3
Bakery10.8
Auto Parts Store9.4

Location

2231 Central Ave Memphis, TN 38104-5507
County assessor Recorded deeds · 4 transfers 8 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
2183 Young, Memphis, TN 38104-5747 $160,000 Apr 2025 2,400 SF
239 Cooper, Memphis, TN 38104-4222 $180,000 Feb 2025 1,925 SF
2170 Young, Memphis, TN 38104-5748 $575,000 May 2024 2,127 SF
11 Morrison, Memphis, TN 38104-4110 $867,000 Nov 2023 2,050 SF
574 Cooper, Memphis, TN 38104-5357 $275,000 Dec 2022 1,386 SF
1473 Madison, Memphis, TN 38104 $350,000 Nov 2022 2,394 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 2231 Central 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.
Why this one?
Saved