Property profile

1216 Peabody Ave Memphis, TN 38104

OFF-MARKET
Medical Office Space
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Property ID
US80-3358790
3,228 SF 0.18 ac Built 1917
Last sale Oct 2021·$415,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Nov 2026
$335k
$302k – $369k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$143/SF
Submarket average, outlier-cleaned · 89 recorded sales of this use type
Observed band · Q1–Q3$58 – $211
Qualifying comparables6

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?
RU-3
Housing Type RU-1 RU-2 RU-3 RU-4 RU-5 Conventional Side Yard House Cottage ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ -- -- -- Semi-Attached Two-Family Town...
General categoryRESIDENTIAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Furniture Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Furniture Store8.8
Home Appliance Store8.8
Smoke and Vape Shop8.8

Location

1216 Peabody Ave Memphis, TN 38104-4506
County assessor · not on file Recorded deeds · 1 transfer 6 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1653 Poplar, Memphis, TN 38104-2511 $400,000 Feb 2026 2,527 SF
1183 Madison, Memphis, TN 38104-2202 $650,000 Feb 2024 4,179 SF
1469 Poplar, Memphis, TN 38104-2934 $525,000 Jul 2022 4,305 SF
144 Bellevue, Memphis, TN 38104-7201 $150,000 Feb 2022 4,050 SF
1210 Peabody, Memphis, TN 38104-4506 $415,000 Oct 2021 3,902 SF
333 Bellevue, Memphis, TN 38104-3530 $158,972 Sep 2020 2,584 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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