Financial
Distress signals
Property profile

1969 Covington Pike Memphis, TN 38128

OFF-MARKET
Warehouses
Property ID
US80-1216072
13,800 SF 4.1 ac lot Built 1984
Last sale Dec 2011 · $945,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
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. 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?
$46k
Tax billed · 2022
Assessed value · 2023$749k
Assessed land$194k
Assessed improvement$555k
Effective rate6.09%

Value estimate

· Sep 2026
$440k
$396k – $484k
AI approach$440k
Submarket $/SF estimate$854k

Realmo valuation models over county records.

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

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 agency17.8
Law Firm14.1
Parking Facility11.3

Location

1969 Covington Pike Memphis, TN 38128-6980
County assessor Recorded deeds · 4 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
4882 English Towne, Memphis, TN 38128-0988 $1,421,000 Mar 2026 16,738 SF
4226 Fayette, Memphis, TN 38128-5607 $225,000 Jul 2023 6,900 SF
2856 Cela, Memphis, TN 38128-5704 $365,000 Jun 2023 6,500 SF
4229 Jones, Memphis, TN 38128-4621 $48,000 Jun 2023 2,990 SF
4925 English Towne, Memphis, TN 38128-0916 $72,000 May 2020 7,200 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1969 Covington Pike?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message