Property profile

118 Neil St Memphis, TN 38112

OFF-MARKET
Warehouses
Saved · see the list in your Dashboard
Property ID
US80-1911851
3,200 SF 0.13 ac Built 1952
Last sale Mar 2004·$78,000
Individually Owned Owner of record is an individual. 22-yr Hold Held for 22 years. Free & Clear No active or open recorded mortgage detected.
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?
$465
Tax billed · 2022
Assessed value · 2023$8k
Assessed land$4k
Assessed improvement$3k
Effective rate6.09%

Value estimate

· Nov 2026
$245k
$221k – $270k
AI approach$250k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$26/SF
ZIP average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$19 – $39

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?
EMP
The EMP District is intended to accommodate office, light manufacturing, research and development, warehousing, wholesale, processing and...
General categoryINDUSTRIAL
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 agency33.8
Restaurant26.2
Dental Office20.0

Location

118 Neil St Memphis, TN 38112-4502
County assessor Recorded deeds · 1 transfer 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
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
158 Scott, Memphis, TN 38112-4504 $100,000 May 2025 2,276 SF
2954 Broad, Memphis, TN 38112-2956 $290,000 May 2024 3,292 SF
2790 Harvard, Memphis, TN 38112-2812 $25,100 Jan 2024 3,264 SF
600 Pershing, Memphis, TN 38112-2219 $155,000 Dec 2023 3,788 SF
183 Neil, Memphis, TN 38112-4501 $75,000 Sep 2023 3,534 SF
2927 Broad, Memphis, TN 38112-2905 $125,000 Jul 2021 2,700 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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