Property profile

1525 Cherry Rd Memphis, TN 38117

OFF-MARKET
Grocery and convenience stores
Saved · see the list in your Dashboard
Property ID
US80-0912406
5,151 SF 0.81 ac Built 2020
Last sale Feb 2021·$1,425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 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?
$19k
Tax billed · 2022
Assessed value · 2023$305k
Assessed land$41k
Assessed improvement$263k
Effective rate6.09%

Value estimate

· Nov 2026
$1.15M
$1.03M – $1.26M
AI approach$1.19M
CAP approach$955k
Submarket $/SF estimate$1.17M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$73/SF
Submarket average, outlier-cleaned · 210 recorded sales of this use type
Observed band · Q1–Q3$32 – $133
Qualifying comparables11

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 agency26.2
Law Firm23.6
Clothing Store12.8

Location

1525 Cherry Rd Memphis, TN 38117-6454
County assessor Recorded deeds · 8 transfers 11 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
5023 Park, Memphis, TN 38117-5701 $125,000 Dec 2024 5,658 SF
776 Brookhaven, Memphis, TN 38117-4502 $423,500 Jun 2024 8,058 SF
4445 Poplar, Memphis, TN 38117-3717 $14,250,000 Dec 2023 2,817 SF
650 Perkins, Memphis, TN 38117-4706 $625,000 Jul 2023 3,123 SF
740 Brookhaven, Memphis, TN 38117-4547 $317,500 Mar 2021 3,618 SF
615 Mendenhall, Memphis, TN 38117-4213 $275,000 Sep 2019 2,952 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 1525 Cherry Rd?
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