Property profile

1923 Poplar Ave Memphis, TN 38104

OFF-MARKET
Grocery and convenience stores
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Property ID
US80-1507362
2,680 SF 0.34 ac Built 1988
Last sale Feb 2025·$2,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ 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?
$9k
Tax billed · 2022
Assessed value · 2023$148k
Assessed land$76k
Assessed improvement$72k
Effective rate6.09%

Value estimate

· Nov 2026
$240k
$216k – $264k

Realmo valuation models over county records and 4 qualifying comparable sales.

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
Qualifying comparables4

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-3
The CMU-3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require hi...
General categoryMIXED_USE
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.6
Electrical Service9.4
Home Appliance Store9.2

Location

1923 Poplar Ave Memphis, TN 38104-2654
County assessor Recorded deeds · 2 transfers 4 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2185 Young, Memphis, TN 38104-5747 $272,000 Apr 2025 2,488 SF
2183 Young, Memphis, TN 38104-5747 $160,000 Apr 2025 2,400 SF
2142 Central, Memphis, TN 38104-5501 $2,337,194 Jun 2024 2,460 SF
964 Cooper, Memphis, TN 38104-5611 $340,000 Dec 2023 2,652 SF
2015 Madison, Memphis, TN 38104-2714 $415,000 Aug 2023 2,925 SF
1473 Madison, Memphis, TN 38104 $350,000 Nov 2022 2,394 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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