Realmo Analytics

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Financial
Distress signals
Property profile

1400 Madison Ave Memphis, TN 38104

FOR SALE
Investment properties
Property ID
US80-0097218
7,011 SF 0.21 ac lot Built 1910
Last sale Aug 2024 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 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?
$4k
Tax billed · 2022
Assessed value · 2023$70k
Assessed land$36k
Assessed improvement$34k
Effective rate6.09%

Value estimate

· Oct 2026
$240k
$216k – $264k
AI approach$300k
NOI build-up
Gross scheduled income$151k
Vacancy & credit loss−$15k
Operating expenses−$51k
NOI · 30.93% cap applied$85k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$60/SF
Submarket average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$21 – $107
Qualifying comparables6

Cap rate analysis

How does the asset earn?
30.93%
$85k 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?
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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply35.1
Realty agency32.1
Wholesale Shop25.5

Location

1400 Madison Ave Memphis, TN 38104
County assessor Recorded deeds · 6 transfers 6 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
715 Neptune, Memphis, TN 38104-6028 $22,040 Feb 2024 2,184 SF
931 Cooper, Memphis, TN 38104-5681 $85,000 Dec 2022 976 SF
48 Mclean, Memphis, TN 38104-3915 $650,000 Jun 2022 4,454 SF
1995 Madison, Memphis, TN 38104-2714 $362,500 Feb 2021 2,264 SF
8 Evergreen, Memphis, TN 38104-3919 $149,000 Nov 2019 2,752 SF
2072 Walker, Memphis, TN 38104-5639 $250,000 Feb 2019 4,000 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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