Financial
Distress signals
Property profile

215 Mclemore Ave Memphis, TN 38106

OFF-MARKET
Truck terminals
Property ID
US80-1935977
21,440 SF 5.21 ac lot Built 1954
Last sale Oct 2025 · $1,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property portfolio centered at 215 West McLemore Avenue consists of three contiguous parcels totaling 15.83 acres, supporting logistics and yard/trailer operations. Parcel at 215 West McLemore Avenue (3,600 sq. ft., 3-bay shop) sits on 4.89 acres and includes 136 trailer parks. Contiguous Parcel B1 at 185 West McClemore Avenue functions as a truck terminal, covering approximately 31,689 sq. ft. on 6.09 acres with 77 dock doors and 30 trailer parks; it underwent renovations during 2021–2022.

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?
$7k
Tax billed · 2022
Assessed value · 2023$122k
Assessed land$36k
Assessed improvement$86k
Effective rate6.09%

Value estimate

· Sep 2026
$320k
$288k – $352k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$116/SF
Submarket average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$30 – $327

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 agency18.9
Law Firm14.4
Pharmacy12.0

Location

215 Mclemore Ave Memphis, TN 38106-1563
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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
1081 Arkansas, Memphis, TN 38106-2516 $820,000 Dec 2025 13,576 SF
929 Channel, Memphis, TN 38106 $2,000,000 Dec 2024 12,805 SF
1235 Riverside, Memphis, TN 38106-2528 $400,000 May 2023 27,478 SF
109 Mclemore, Memphis, TN 38106 $2,750,000 Dec 2021 2,014 SF
1240 Louisiana, Memphis, TN 38106-1012 $745,000 May 2020 65,837 SF
1022 Texas, Memphis, TN 38106-2072 $59,900 May 2019 4,000 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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