Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

1140 College St Memphis, TN 38106

FOR SALE
Strip malls
Property ID
US80-1106485
5,310 SF 0.2 ac lot Built 1913
Last sale May 2018 · $8,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 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. 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?
$3k
Tax billed · 2022
Assessed value · 2023$43k
Assessed land$6k
Assessed improvement$37k
Effective rate6.09%

Value estimate

· Oct 2026
$215k
$194k – $237k
AI approach$215k
NOI build-up
Gross scheduled income$80k
Vacancy & credit loss−$4k
Operating expenses−$23k
NOI · 10.09% cap applied$53k

Realmo valuation models over county records and 8 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 comparables8

Cap rate analysis

How does the asset earn?
10.09%
$53k 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?
CMP-1
The CMP-1 District is intended to accommodate new development where the land use pattern is predominately urban in character. New develop...
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 agency25.1
Law Firm23.3
Dental Office20.7

Location

1140 College St Memphis, TN 38106
County assessor Recorded deeds · 1 transfer 8 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
1544 Netherwood, Memphis, TN 38106-2414 $150,000 Mar 2025 5,640 SF
1433 Elvis Presley, Memphis, TN 38106-4920 $123,000 Mar 2024 5,772 SF
1503 Mclemore, Memphis, TN 38106-3643 $170,000 Dec 2023 4,464 SF
924 Kerr, Memphis, TN 38106-5708 $40,000 Nov 2021 4,800 SF
543 Mallory, Memphis, TN 38106-7410 $120,000 Mar 2021 4,854 SF
723 Pkwy E, Memphis, TN 38106-5606 $32,954 Dec 2020 4,494 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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