Property profile

107 Highland St Memphis, TN 38111

OFF-MARKET
Strip malls
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Property ID
US80-1571724
23,364 SF 0.69 ac Built 1960
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ 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?
$32k
Tax billed · 2022
Assessed value · 2023$520k
Assessed land$96k
Assessed improvement$424k
Effective rate6.09%

Value estimate

· Nov 2026
$595k
$536k – $655k
Submarket $/SF estimate$1.04M

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-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 agency25.0
Building Supply20.4
Auto Parts Store16.3

Location

107 Highland St Memphis, TN 38111-4640
County assessor Recorded deeds · 1 transfer 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1287 Getwell, Memphis, TN 38111-7221 $300,000 Dec 2025 12,035 SF
3980 Park, Memphis, TN 38111-7404 $1,625,000 Dec 2023 11,768 SF
4002 Park, Memphis, TN 38111-7404 $2,270,000 Dec 2023 10,232 SF
644 Highland, Memphis, TN 38111-4356 $620,000 Apr 2022 12,800 SF
1450 Getwell, Memphis, TN 38111-7252 $68,250 Apr 2022 11,312 SF
3530 Walker, Memphis, TN 38111-5918 $335,000 Sep 2021 10,740 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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