Financial
Distress signals
Property profile

2799 Mendenhall Rd Memphis, TN 38115

OFF-MARKET
Grocery and convenience stores
Property ID
US80-1255228
2,496 SF 0.38 ac lot Built 1979
Last sale Feb 2022 · $529,126
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$6k
Tax billed · 2022
Assessed value · 2023$101k
Assessed land$26k
Assessed improvement$74k
Effective rate6.09%

Value estimate

· Sep 2026
$420k
$378k – $462k
AI approach$445k

Realmo valuation models over county records.

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

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 Office13.3
Parking Facility11.3
Furniture Store9.5

Location

2799 Mendenhall Rd Memphis, TN 38115-2271
County assessor Recorded deeds · 10 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3580 Rdg Mdw, Memphis, TN 38115-4000 $260,000 Dec 2025 2,364 SF
5343 Knight Arnold, Memphis, TN 38115-2816 $675,000 Mar 2025 2,460 SF
6193 Mt Moriah Rd, Memphis, TN 38115-2748 $287,092 Jan 2024 2,368 SF
5915 Raines, Memphis, TN 38115-6202 $500,000 Oct 2023 2,520 SF
3156 Mendenhall, Memphis, TN 38115-2844 $534,570 Sep 2022 2,160 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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