Retail/commercial space located at 1109 Springdale St. in Memphis, Tennessee, near Overton Park, constructed in 1945. The building includes updated electrical systems and renovations to the bathrooms, along with broad interior improvements completed throughout the property. The interior is finished and configured to support commercial use, including operation as a laundromat or a retail business, subject to applicable regulatory requirements and permitting.

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?

$992

Tax billed · 2022

Assessed value · 2023$16k

Assessed land$1k

Assessed improvement$15k

Effective rate6.09%

Value estimate

· Nov 2026

$125k

$113k – $138k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$308/SF

Submarket average, outlier-cleaned · 217 recorded sales of this use type

Observed band · Q1–Q3$95 – $504

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 agency19.7

Law Firm18.9

Dental Office16.8

1109 Springdale St Memphis, TN 38108-3044

County assessor Recorded deeds · 5 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

Address Sale price Sold Size

2002 Chelsea, Memphis, TN 38108-2262 $120,000 May 2024 1,345 SF

1127 Springdale, Memphis, TN 38108-3044 $80,000 Aug 2022 1,500 SF

2110 Chelsea, Memphis, TN 38108-2201 $38,000 Mar 2022 1,500 SF

1098 Springdale, Memphis, TN 38108-3042 $400,000 Dec 2021 1,752 SF

2976 Chelsea, Memphis, TN 38108-1800 $5,000 Jun 2021 1,538 SF

3046 Chelsea, Memphis, TN 38108-1808 $18,770 Apr 2021 1,551 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

Value Estimation
$100,000

1,551 SF

3046 Chelsea Ave

RETAIL STORES (PERSONAL SERVICES)

3046 Chelsea Ave, Memphis, TN 38108-1808

View Details
Value Estimation
$345,000

1,615 SF

2457 Chelsea Ave

RESTAURANT

2457 Chelsea Ave, Memphis, TN 38108-2404

View Details
Value Estimation
$85,000

1,500 SF

1127 Springdale St

RETAIL STORES (PERSONAL SERVICES)

1127 Springdale St, Memphis, TN 38108-3044

View Details
Value Estimation
$210,000

1,436 SF

3188 Chelsea Ave

RETAIL STORES (PERSONAL SERVICES)

3188 Chelsea Ave, Memphis, TN 38108-1934

View Details
Value Estimation
$165,000

1,399 SF

1323 Hollywood St

RETAIL STORES (PERSONAL SERVICES)

1323 Hollywood St, Memphis, TN 38108-2338

View Details
Value Estimation
$190,000

1,396 SF

2896 Chelsea Ave

RETAIL STORES (PERSONAL SERVICES)

2896 Chelsea Ave, Memphis, TN 38108-1705

View Details

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1109 Springdale St Memphis, TN 38108

Property summary