Property profile

1233 Pkwy E Pkwy Memphis, TN 38106

OFF-MARKET
Grocery and convenience stores
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Property ID
US80-1778522
2,310 SF 0.3 ac Built 1955
Last sale Dec 2008·$130,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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?
$4k
Tax billed · 2022
Assessed value · 2023$73k
Assessed land$23k
Assessed improvement$51k
Effective rate6.09%

Value estimate

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

Realmo valuation models over county records.

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

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-3
The CMU-3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require hi...
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 agency21.7
Law Firm20.5
Dental Office18.3

Location

1233 Pkwy E Pkwy Memphis, TN 38106-3507
County assessor Recorded deeds · 9 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1551 Netherwood, Memphis, TN 38106-2411 $150,000 Mar 2025 1,971 SF
1474 3rd, Memphis, TN 38106-5246 $900,000 Sep 2024 2,262 SF
2454 Elvis Presley, Memphis, TN 38106-8008 $244,789 Jan 2024 2,400 SF
1362 Main, Memphis, TN 38106-4174 $35,000 Aug 2023 1,904 SF
455 Trigg, Memphis, TN 38106-4342 $22,500 Jul 2023 1,900 SF
726 Mclemore, Memphis, TN 38106-3100 $50,000 May 2021 2,439 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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