Property profile

1672 Ontario Ave Memphis, TN 38127

OFF-MARKET
Retail space
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Property ID
US80-2001920
877 SF 0.27 ac Built 1949
Last sale Apr 2010·$20,000
Individually Owned Owner of record is an individual. 16-yr Hold Held for 16 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?
$875
Tax billed · 2022
Assessed value · 2023$14k
Assessed land$12k
Assessed improvement$2k
Effective rate6.09%

Value estimate

· Nov 2026
$115k
$104k – $127k

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

Recently sold

What actually traded nearby?
$56/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$22 – $86
Qualifying comparables5

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-1
PRINCIPAL USE R6 RU-1 RU-3 CMU-1 CMU-2 CMP-2 Woodworking, including Cabinet Makers and Furniture Manufacturing □ ■ Warehouse □ □ Recyclin...
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 agency18.1
Restaurant13.6
Hair Salon13.4

Location

1672 Ontario Ave Memphis, TN 38127-8531
County assessor Recorded deeds · 1 transfer 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3219 Watkins, Memphis, TN 38127-6429 $40,000 Feb 2026 1,440 SF
3240 Watkins, Memphis, TN 38127-6417 $35,000 Mar 2025 1,064 SF
2683 Watkins, Memphis, TN 38127-8505 $8,503 Oct 2024 792 SF
921 Whitney, Memphis, TN 38127 $69,000 Sep 2023 695 SF
3065 Thomas, Memphis, TN 38127-7605 $69,000 Sep 2023 675 SF
3716 Watkins, Memphis, TN 38127-4334 $40,000 Jun 2023 1,200 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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