Property profile

26 S Main St Memphis, TN 38103

FOR SALE
Retail space
Saved · see the list in your Dashboard
Property ID
US80-0158658
14,900 SF 0.08 ac Built 1910
Last sale Feb 2023·$725,000
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

Property summary

AI-generated overview

This three-story mixed-use redevelopment building is located in the Central Business District of historic Downtown Memphis. The property contains approximately 14,900 square feet across three above-grade floors plus a basement and is eligible for Downtown Memphis Commission Grants. It is situated near downtown landmarks including the Memphis Art Museum, FedEx Forum, and AutoZone Park, with additional development activity in the surrounding area. The building includes a basement that provides…

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$84k
Assessed land$40k
Assessed improvement$45k
Effective rate6.09%

Value estimate

· Nov 2026
$700k
$630k – $770k
AI approach$725k
Submarket $/SF estimate$598k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$61/SF
ZIP average, outlier-cleaned · 16 recorded sales of this use type
Observed band · Q1–Q3$40 – $99
Qualifying comparables7

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?
CBD
C. CBD: Central Business District. D. CMCS: Commercial Mobile Communications Services. E. DBH: Diameter Breast Height. F. FAA: Federal Av...
General categoryCIVIC_INSTITUTIONAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic8.0
Pet Grooming Service8.0
Furniture Store7.9

Location

26 S Main St Memphis, TN 38103
County assessor Recorded deeds · 10 transfers 7 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
80 Main, Memphis, TN 38103-5001 $4,000,000 Dec 2024 12,231 SF
84 Main, Memphis, TN 38103-5001 $4,000,000 Dec 2024 11,175 SF
785 Un, Memphis, TN 38103-3504 $4,500,000 Dec 2022 27,336 SF
93 Frnt, Memphis, TN 38103-2905 $250,000 Sep 2022 25,284 SF
337 Main, Memphis, TN 38103 $1,550,000 Aug 2021 13,700 SF
24 Main, Memphis, TN 38103-2508 $425,000 Oct 2020 14,853 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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