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Financial
Distress signals
Property profile

2535 Broad Ave Memphis, TN 38112

OFF-MARKET
Retail space
Property ID
US80-1343765
2,000 SF 0.07 ac lot Built 1915
Last sale Sep 2000 · $48,000
Individually Owned Owner of record is an individual. 24-yr Hold Held for 24 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of two commercial storefront spaces at 2535 and 2543 Broad Ave, configured with open floor plans intended for retail use. The storefront layouts provide flexible, unobstructed interior areas suitable for a variety of retail configurations. The properties are positioned along Broad Ave, across the street from Link Apartments, a residential development containing nearly 400 units, providing nearby residential foot traffic.

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?
$4k
Tax billed · 2022
Assessed value · 2023$59k
Assessed land$7k
Assessed improvement$52k
Effective rate6.09%

Value estimate

· Oct 2026
$200k
$180k – $220k
AI approach$200k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
Submarket average, outlier-cleaned · 326 recorded sales of this use type
Observed band · Q1–Q3$37 – $142
Qualifying comparables8

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 agency23.0
Dental Office15.5
Parking Facility11.9

Location

2535 Broad Ave Memphis, TN 38112-2613
County assessor Recorded deeds · not on file 8 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
2487 Broad, Memphis, TN 38112-2611 $780,000 Apr 2025 1,380 SF
3217 Summer, Memphis, TN 38112-2443 $400,000 Nov 2024 1,748 SF
2625 Broad, Memphis, TN 38112-2601 $55,500 Mar 2024 1,403 SF
2890 Summer, Memphis, TN 38112-2914 $65,000 Aug 2023 2,880 SF
3086 Summer, Memphis, TN 38112-2432 $425,000 May 2022 3,010 SF
3221 Summer, Memphis, TN 38112-2443 $57,507 Apr 2019 1,988 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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