Entity Owned Property summary
This exceptional 3.99-acre commercial land parcel, located at 1450 Chelsea Avenue in Memphis, Tennessee, presents a unique investment opportunity. Situated in the North Memphis submarket, this property boasts an impressive lot size of 192,414 square feet and is zoned IH, offering considerable development potential. The property's strategic location benefits from high daily traffic counts on both N. Watkins Street (26,460+) and Chelsea Avenue (11,460+), ensuring excellent visibility and… accessibility for any future business venture. Detailed information regarding the property's location includes a Shelby County address with a 38108 zip code and precise GPS coordinates (latitude 35.1734285, longitude -90.0089189). The asking price for this remarkable land parcel is $200,000. Annual property taxes are estimated at $1,936.41 (city) and $2,054.34 (county) for the year 2024. This property is ideal for developers and investors seeking a prime location with high traffic volume and significant development potential in a thriving Memphis market. The expansive lot size provides ample space for a variety of commercial uses, making it an attractive proposition for a wide range of businesses. Don't miss this chance to acquire a valuable piece of Memphis real estate.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 cityComparable in this city
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 414 SF
- Lot area
- 3.99 ac
- Year built
- 1958
- Stories
- 1
- APN
- 040-025- - -00005
- Zoning
- IH
- Assessed value · 2023
- $60,600
- Annual tax · 2022
- $3,692
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The IH district is intended to accommodate high impact manufacturing, industrial or other uses, including extractive and waste related uses, that by their nature create some nuisance, and which are not properly associate…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
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