Property profile

4680 Poplar Ave Memphis, TN 38117

OFF-MARKET
Retail space
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Property ID
US80-1668405
14,852 SF 1.68 ac Built 2008
Last sale Jul 2022·$12,600,000
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.
Market Trends Soon

Property summary

AI-generated overview

Constructed in 2008, this retail property is a Walgreens store located at 4680 Poplar Ave in Memphis, Tennessee, positioned at the signalized intersection of Poplar Ave and Perkins Rd. The building is configured as a single-tenant retail facility and has operated under an absolute NNN-style lease structure historically associated with Walgreens, including a full guaranty and option structure terms. The site is situated within a retail corridor that includes major national retailers such as…

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?
$61k
Tax billed · 2022
Assessed value · 2023$1.00M
Assessed land$790k
Assessed improvement$210k
Effective rate6.09%

Value estimate

· Nov 2026
$10.02M
$9.02M – $11.02M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
Submarket average, outlier-cleaned · 326 recorded sales of this use type
Observed band · Q1–Q3$37 – $142
Qualifying comparables5

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: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop20.3
Building Supply20.0
Auto Parts Store18.9

Location

4680 Poplar Ave Memphis, TN 38117-4402
County assessor Recorded deeds · 1 transfer 5 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
5023 Park, Memphis, TN 38117-5701 $125,000 Dec 2024 5,658 SF
776 Brookhaven, Memphis, TN 38117-4502 $423,500 Jun 2024 8,058 SF
5121 Quince, Memphis, TN 38117-6846 $3,450,000 Oct 2022 13,770 SF
1525 Cherry, Memphis, TN 38117-6454 $1,425,000 Feb 2021 5,151 SF
5022 Poplar, Memphis, TN 38117-7604 $2,405,000 Oct 2020 42,568 SF
576 Perkins, Memphis, TN 38117-4406 $8,875,000 Jun 2019 27,953 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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Includes: Price & PSF · Cap rate · Location · Zoning

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