Property profile

1485 Madison Ave Memphis, TN 38104

OFF-MARKET
Warehouses
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Property ID
US80-2027561
44,172 SF 0.75 ac Built 1960
Last sale Dec 2016·$5,457,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 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?
$55k
Tax billed · 2022
Assessed value · 2023$906k
Assessed land$109k
Assessed improvement$797k
Effective rate6.09%

Value estimate

· Nov 2026
$670k
$603k – $737k
Submarket $/SF estimate$2.73M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$39/SF
Submarket average, outlier-cleaned · 509 recorded sales of this use type
Observed band · Q1–Q3$19 – $62
Qualifying comparables7

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.0
Electrical Service8.8
Carpet & Flooring Store8.7

Location

1485 Madison Ave Memphis, TN 38104-2448
County assessor Recorded deeds · 7 transfers 7 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
802 Rozelle, Memphis, TN 38104-5052 $3,250,000 Sep 2024 35,779 SF
32 Flicker, Memphis, TN 38104-5918 $485,000 Aug 2022 20,915 SF
46 Flicker, Memphis, TN 38104-5918 $83,500 Aug 2022 32,492 SF
1269 Heistan, Memphis, TN 38104-4710 $257,500 Sep 2019 45,794 SF
324 Hollywood, Memphis, TN 38104-5939 $1,185,000 Dec 2018 31,911 SF
322 Hollywood, Memphis, TN 38104-5939 $662,500 Dec 2018 71,827 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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Includes: Price & PSF · Cap rate · Location · Zoning

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