Financial
Distress signals
Property profile

1385 Riverside Blvd Memphis, TN 38109

OFF-MARKET
Auto shops
Property ID
US80-1372419
49,126 SF 32.35 ac lot Built 1946
Last sale Aug 2021 · $3,300,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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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?
$12k
Tax billed · 2022
Assessed value · 2023$199k
Assessed land$175k
Assessed improvement$23k
Effective rate6.09%

Value estimate

· Sep 2026
$2.65M
$2.39M – $2.92M
AI approach$2.68M
Submarket $/SF estimate$1.85M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$97/SF
Submarket average, outlier-cleaned · 238 recorded sales of this use type
Observed band · Q1–Q3$38 – $185

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?
IH
The IH district is intended to accommodate high impact manufacturing, industrial or other uses, including extractive and waste related us...
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 Service11.2
Electrical Service10.7
Garden Center10.2

Location

1385 Riverside Blvd Memphis, TN 38109-1581
County assessor Recorded deeds · 2 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
966 Mitchell, Memphis, TN 38109-3568 $2,260,273 Jul 2025 10,664 SF
5035 3rd, Memphis, TN 38109-6231 $4,400 Apr 2022 4,043 SF
472 Tonto, Memphis, TN 38109-5259 $35,000 Oct 2020 4,418 SF
5251 3rd, Memphis, TN 38109-6235 $70,000 Apr 2020 4,424 SF
1368 Riverside, Memphis, TN 38109-1533 $300,000 Apr 2020 15,506 SF
1685 Florida, Memphis, TN 38109-1957 $520,000 Oct 2019 18,312 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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