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Financial
Distress signals
Property profile

189 Jefferson Ave Memphis, TN 38103

OFF-MARKET
Office buildings
Property ID
US80-0909040
11,250 SF 0.17 ac lot Built 1910
Last sale Jul 2026 · $175,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A historic two-story building in Downtown Memphis constructed in 1910 with a total area of 11,250 square feet, including approximately 2,650 square feet of warehouse space and 8,600 square feet of office space. The warehouse is equipped with a wet sprinkler system and has a minimum clear height of 11 feet 1 inch, served by one drive-in door measuring 10 feet by 12 feet. The first floor includes five offices, two warehouse areas, a bullpen area, a breakroom, and a server room, while the second floor includes nine offices, two bullpen areas, and a breakroom.

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?
$13k
Tax billed · 2022
Assessed value · 2023$217k
Assessed land$49k
Assessed improvement$168k
Effective rate6.09%

Value estimate

· Oct 2026
$405k
$365k – $446k
AI approach$405k
Submarket $/SF estimate$789k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$102/SF
ZIP average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$53 – $161

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?
CBD
C. CBD: Central Business District. D. CMCS: Commercial Mobile Communications Services. E. DBH: Diameter Breast Height. F. FAA: Federal Av...
General categoryCIVIC_INSTITUTIONAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Furniture Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Furniture Store9.6
Dry Cleaner9.2
Veterinary Clinic9.1

Location

189 Jefferson Ave Memphis, TN 38103
County assessor Recorded deeds · 5 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
60 B B King, Memphis, TN 38103-2301 $966,000 Jan 2025 11,724 SF
633 Monroe, Memphis, TN 38103-3213 $635,000 Oct 2024 11,872 SF
400 Frnt, Memphis, TN 38103-1534 $27,000,000 May 2024 20,130 SF
219 Adams, Memphis, TN 38103-1921 $640,000 Feb 2024 6,758 SF
56 Frnt, Memphis, TN 38103-2435 $1,550,000 Jan 2024 15,000 SF
31 2nd, Memphis, TN 38103-2612 $719,500 Aug 2023 6,037 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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