Financial
Distress signals
Property profile

1808 Chelsea Ave Memphis, TN 38108

OFF-MARKET
Warehouses
Property ID
US80-1770073
4,040 SF 2.12 ac lot Built 1945
Last sale May 2013 · $10,200
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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?
$1k
Tax billed · 2022
Assessed value · 2023$23k
Assessed land$16k
Assessed improvement$7k
Effective rate6.09%

Value estimate

· Oct 2026
$190k
$171k – $209k
AI approach$225k

Realmo valuation models over county records and 3 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 comparables3

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?
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 agency35.5
Restaurant26.0
Building Supply25.3

Location

1808 Chelsea Ave Memphis, TN 38108
County assessor Recorded deeds · 3 transfers 3 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1401 Willett, Memphis, TN 38108 $209,500 Aug 2023 5,100 SF
1398 Maury, Memphis, TN 38108 $500,000 Sep 2022 4,140 SF
1395 Willett, Memphis, TN 38108-1058 $50,000 Aug 2022 3,600 SF
1742 Chelsea, Memphis, TN 38108-1109 $150,000 Jan 2022 4,920 SF
1748 Chelsea, Memphis, TN 38108-1109 $10,000 Feb 2021 3,904 SF
1445 Willett, Memphis, TN 38108-1060 $100,000 Feb 2021 4,320 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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