Financial
Distress signals
Property profile

2956 Walnut Grv Rd Memphis, TN 38111

OFF-MARKET
Grocery and convenience stores
Property ID
US80-1112287
1,860 SF 0.42 ac lot Built 1966
Last sale May 2012 · $475,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$5k
Tax billed · 2022
Assessed value · 2023$76k
Assessed land$42k
Assessed improvement$34k
Effective rate6.09%

Value estimate

· Sep 2026
$475k
$428k – $523k
AI approach$475k

Realmo valuation models over county records and 3 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 comparables3

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-1
PRINCIPAL USE R6 RU-1 RU-3 CMU-1 CMU-2 CMP-2 Woodworking, including Cabinet Makers and Furniture Manufacturing □ ■ Warehouse □ □ Recyclin...
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 agency32.6
Restaurant25.8
Dental Office20.7

Location

2956 Walnut Grv Rd Memphis, TN 38111-2716
County assessor Recorded deeds · 7 transfers 3 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1220 Getwell, Memphis, TN 38111-7316 $650,000 Jan 2026 1,603 SF
3251 Carnes, Memphis, TN 38111-3133 $90,000 Oct 2024 1,411 SF
3361 Poplar, Memphis, TN 38111-4687 $370,000 May 2024 2,162 SF
893 Highland, Memphis, TN 38111-4165 $5,000 Dec 2023 1,414 SF
2875 Walnut Grv, Memphis, TN 38111-2713 $600,000 Apr 2022 1,562 SF
853 Highland, Memphis, TN 38111-4254 $950,000 Jun 2021 2,440 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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