Property profile

1190 Shelby Dr Memphis, TN 38116

OFF-MARKET
Banks
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Property ID
US80-0476917
8,518 SF 1.88 ac Built 1969
Last sale Mar 2023·$400,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 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 · 2022

What does the county charge?
$27k
Tax billed · 2022
Assessed value · 2023$446k
Assessed land$129k
Assessed improvement$316k
Effective rate6.09%

Value estimate

· Nov 2026
$540k
$486k – $594k
AI approach$540k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$167/SF
County average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$109 – $246

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-2
The CMU-2 District is intended to provide for commercial, office, and employment uses that serve through traffic as well as surrounding n...
General categoryMIXED_USE
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency32.4
Building Supply26.9
Wholesale Shop19.0

Location

1190 Shelby Dr Memphis, TN 38116-7124
County assessor Recorded deeds · 6 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
1760 Winchester, Memphis, TN 38116 $220,000 Aug 2025 9,100 SF
Hernando, Memphis, TN 38116 $935,000 Mar 2025 9,464 SF
4619 Elvis Presley, Memphis, TN 38116-7109 $1,203,452 Oct 2024 6,739 SF
4560 Millbranch, Memphis, TN 38116-7574 $810,000 Jan 2024 4,844 SF
3909 Elvis Presley, Memphis, TN 38116-5627 $1,120,000 Feb 2023 9,116 SF
1712 Holmes, Memphis, TN 38116-9108 $200,000 Jan 2023 6,660 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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