Property profile

607 Monroe Ave Memphis, TN 38103

OFF-MARKET
Retail space
Saved · see the list in your Dashboard
Property ID
US80-2717821
480 SF 0.97 ac Built 2018
Last sale May 2026·$850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ 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?
$14k
Tax billed · 2022
Assessed value · 2023$223k
Assessed land$202k
Assessed improvement$20k
Effective rate6.09%

Value estimate

· Nov 2026
$510k
$459k – $561k
AI approach$450k

Realmo valuation models over county records.

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

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: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop16.3
Furniture Store12.9
Electrical Service12.9

Location

607 Monroe Ave Memphis, TN 38103-3248
County assessor Recorded deeds · 3 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
80 Ge Patterson, Memphis, TN 38103-4410 $1,000,000 Feb 2026 2,200 SF
525 Main, Memphis, TN 38103-4442 $760,000 Jun 2025 1,900 SF
523 Main, Memphis, TN 38103-4442 $760,000 Jun 2025 1,900 SF
11 Main, Memphis, TN 38103-2501 $7,000,000 Nov 2024 3,230 SF
317 Main, Memphis, TN 38103-1619 $200,000 Jan 2021 2,066 SF
502 Main, Memphis, TN 38103-6400 $820,000 Jun 2019 971 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

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