Financial
Distress signals
Property profile

1129 Hale Rd Memphis, TN 38116

FOR SALE
Medical Office Space
Property ID
US80-1306009
8,580 SF 0.79 ac lot Built 1970
Last sale Sep 2016
Trust Owned Owner of record is a trust. 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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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. 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?
$9k
Tax billed · 2022
Assessed value · 2023$152k
Assessed land$15k
Assessed improvement$138k
Effective rate6.09%

Value estimate

· Sep 2026
$260k
$234k – $286k
Submarket $/SF estimate$621k
NOI build-up
Gross scheduled income$148k
Vacancy & credit loss−$12k
Operating expenses−$54k
NOI · 15.55% cap applied$82k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$143/SF
Submarket average, outlier-cleaned · 89 recorded sales of this use type
Observed band · Q1–Q3$58 – $211

Cap rate analysis

How does the asset earn?
15.55%
$82k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 agency33.2
Building Supply28.0
Wholesale Shop19.8

Location

1129 Hale Rd Memphis, TN 38116
County assessor Recorded deeds · 3 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4250 Faronia, Memphis, TN 38116-6527 $550,000 Apr 2024 14,400 SF
1200 Farrow, Memphis, TN 38116-7116 $2,150,000 Jan 2023 9,000 SF
5484 Airways, Memphis, TN 38116-9402 $4,100,000 Oct 2022 12,075 SF
4707 Woodridge, Memphis, TN 38116-7811 $384,900 Jun 2022 7,250 SF
4565 Millbranch, Memphis, TN 38116 $380,000 Apr 2022 4,133 SF
4212 Elvis Presley, Memphis, TN 38116-6424 $130,000 Dec 2018 18,218 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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