Property profile

1605 Getwell Rd Memphis, TN 38111

OFF-MARKET
Strip malls
Saved · see the list in your Dashboard
Property ID
US80-0073695
7,120 SF 0.7 ac Built 1947
Last sale Feb 2025·$730,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional investment opportunity presents a 7,120-square-foot shopping center located at 1605-1609 Getwell Rd, Memphis, TN 38111. The property boasts 100% occupancy with a stable, long-term tenant, generating a strong net operating income (NOI) of $57,811 and a compelling 9.25% capitalization rate. Built in 1947, this single-story, 7,120 square-foot building sits on a 0.702-acre lot and is zoned for commercial use. The asking price is $625,000, translating to a price per square foot…

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?
$5k
Tax billed · 2022
Assessed value · 2023$78k
Assessed land$35k
Assessed improvement$42k
Effective rate6.09%

Value estimate

· Nov 2026
$575k
$518k – $633k
AI approach$535k

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 agency26.3
Law Firm18.1
Skin Care Clinic12.6

Location

1605 Getwell Rd Memphis, TN 38111-7119
County assessor Recorded deeds · 6 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4002 Park, Memphis, TN 38111-7404 $2,270,000 Dec 2023 10,232 SF
3980 Park, Memphis, TN 38111-7404 $1,625,000 Dec 2023 11,768 SF
1450 Getwell, Memphis, TN 38111-7252 $68,250 Apr 2022 11,312 SF
3824 Park, Memphis, TN 38111-6633 $140,000 Mar 2022 6,753 SF
3530 Walker, Memphis, TN 38111-5918 $335,000 Sep 2021 10,740 SF
3449 Park, Memphis, TN 38111-4144 $370,000 Oct 2019 4,320 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 1605 Getwell 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