Realmo Analytics

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

Property profile

1218 Winchester Rd Memphis, TN 38116

OFF-MARKET
Hotels
Property ID
US80-1897032
42,992 SF 1.7 ac lot Built 2008
Last sale Feb 2014 · $953,294
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$73k
Tax billed · 2022
Assessed value · 2023$1.20M
Assessed land$122k
Assessed improvement$1.08M
Effective rate6.09%

Value estimate

· Nov 2026
$2.06M
$1.85M – $2.26M
Submarket $/SF estimate$2.71M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$68/SF
Submarket average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$23 – $101
Qualifying comparables9

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 agency17.7
Law Firm17.5
Dental Office13.0

Location

1218 Winchester Rd Memphis, TN 38116-4343
County assessor Recorded deeds · 8 transfers 9 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3005 Millbranch, Memphis, TN 38116-1927 $3,300,000 Sep 2024 41,388 SF
1441 Brks, Memphis, TN 38116-1802 $764,028 Aug 2023 134,412 SF
3411 Elvis Presley, Memphis, TN 38116-3259 $4,400,000 Mar 2022 46,420 SF
1300 Shelby Dr, Memphis, TN 38116 $1,200,000 Feb 2020 No data
1471 Brks, Memphis, TN 38116-1802 $1,825,000 Apr 2019 75,681 SF
1581 Brks, Memphis, TN 38116-1903 $2,200,000 Nov 2018 26,234 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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