Property profile

147 Nebraska Ave Memphis, TN 38106

FOR SALE
Warehouses
Saved · see the list in your Dashboard
Property ID
US80-3207033
9,150 SF 0.4 ac Built 1935
Last sale Mar 2026·$330,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional 9,000-square-foot warehouse at 147 Nebraska Ave in Memphis, Tennessee, presents a significant opportunity for businesses seeking a strategic location and ample space. Situated in a prime industrial area, this single-tenant property boasts multiple unloading docks, facilitating efficient loading and unloading operations. The expansive interior offers considerable flexibility, allowing for customization to suit a wide range of industrial needs, from manufacturing to…

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?
$2k
Tax billed · 2022
Assessed value · 2023$34k
Assessed land$6k
Assessed improvement$28k
Effective rate6.09%

Value estimate

· Nov 2026
$265k
$239k – $292k
AI approach$270k
NOI build-up
Gross scheduled income$146k
Vacancy & credit loss−$13k
Operating expenses−$40k
NOI · 23.26% cap applied$93k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$19/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$13 – $36
Qualifying comparables5

Cap rate analysis

How does the asset earn?
23.26%
$93k 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?
IH
The IH district is intended to accommodate high impact manufacturing, industrial or other uses, including extractive and waste related us...
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 agency24.3
Dental Office16.9
Law Firm15.6

Location

147 Nebraska Ave Memphis, TN 38106
County assessor Recorded deeds · 4 transfers 5 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
929 Channel, Memphis, TN 38106 $2,000,000 Dec 2024 12,805 SF
827 Main, Memphis, TN 38106-2063 $652,980 Dec 2023 10,145 SF
620 Compress, Memphis, TN 38106-8729 $1,200,000 Dec 2023 10,107 SF
2519 Elvis Presley, Memphis, TN 38106-8301 $215,000 Nov 2023 10,360 SF
1098 Florida, Memphis, TN 38106-2052 $150,000 Oct 2023 9,204 SF
964 Kentucky, Memphis, TN 38106 $350,000 Apr 2023 12,000 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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