Financial
Distress signals
Property profile

1715 E Holmes Rd Memphis, TN 38116

FOR LEASE
Strip malls
Property ID
US80-1709710
11,380 SF 0.87 ac lot Built 1972
Last sale Nov 2022 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1715 E Holmes Rd, Memphis, TN 38116 For Lease
$10 SF/Yr
1715 E Holmes Rd, Memphis, TN 38116
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Property summary

AI-generated overview

This exceptional 1,800-square-foot endcap suite, located at 1715 E Holmes Rd in Memphis, TN 38116, presents a fantastic opportunity for a variety of businesses. Situated in a thriving retail center, this property boasts high visibility and convenient access. The space is ideal for a traditional office setting or retail use, offering flexibility for diverse business needs. The suite includes two single bathrooms and a brand-new water heater, ensuring comfort and convenience. Ample parking is

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$10k
Tax billed · 2022
Assessed value · 2023$170k
Assessed land$17k
Assessed improvement$153k
Effective rate6.09%

Value estimate

· Sep 2026
$400k
$360k – $440k
AI approach$400k
NOI build-up
Gross scheduled income$205k
Vacancy & credit loss−$14k
Operating expenses−$57k
NOI · 1,333,510.00% cap applied$133k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$43/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$28 – $68

Cap rate analysis

How does the asset earn?
1,333,510.00%
$133k 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-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 agency30.1
Law Firm24.1
Restaurant15.9

Location

1715 E Holmes Rd Memphis, TN 38116
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3803 Graves, Memphis, TN 38116-3907 $155,000 Feb 2023 7,631 SF
951 Brks, Memphis, TN 38116 $325,000 Oct 2022 17,880 SF
1896 Winchester, Memphis, TN 38116-4915 $205,000 Sep 2022 12,339 SF
1100 Brks, Memphis, TN 38116-1706 $1,750,000 Dec 2021 15,170 SF
1665 Raines, Memphis, TN 38116-5738 $500,000 Nov 2020 9,600 SF
1872 Winchester, Memphis, TN 38116-4915 $525,000 Jun 2020 12,750 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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