Financial
Distress signals
Property profile

1215 Shelby Dr Memphis, TN 38116

OFF-MARKET
Super regional malls
Property ID
US80-3413191
290,513 SF 19.11 ac lot Built 1966
Last sale Nov 2018 · $3,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a retail space totaling 3,146 square feet, located near the intersection of Elvis Presley Boulevard and Shelby Drive with frontage/visibility along both corridors. It is positioned just off I-55 and is approximately 2 miles from Memphis International Airport, and it is situated across from Kroger and the Jewelry Exchange Center.

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?
$121k
Tax billed · 2022
Assessed value · 2023$1.98M
Assessed land$647k
Assessed improvement$1.34M
Effective rate6.09%

Value estimate

· Sep 2026
$4.73M
$4.26M – $5.20M
Submarket $/SF estimate$5.50M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$43/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$28 – $68

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-2
The CMU-2 District is intended to provide for commercial, office, and employment uses that serve through traffic as well as surrounding n...
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 agency36.6
Building Supply27.9
Wholesale Shop21.3

Location

1215 Shelby Dr Memphis, TN 38116-7123
County assessor Recorded deeds · 7 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

12 properties in this city
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.
Comparable in this city
3 properties of the same type in this city
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