Financial
Distress signals
Property profile

2600 Southern Ave Memphis, TN 38111

OFF-MARKET
Warehouses
Property ID
US80-0704242
48,530 SF 5.68 ac lot Built 1967
Last sale Sep 2020 · $2,317,715
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$58k
Tax billed · 2022
Assessed value · 2023$946k
Assessed land$222k
Assessed improvement$724k
Effective rate6.09%

Value estimate

· Oct 2026
$1.92M
$1.72M – $2.11M
AI approach$2.16M
Submarket $/SF estimate$3.00M

Realmo valuation models over county records and 6 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 comparables6

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?
EMP
The EMP District is intended to accommodate office, light manufacturing, research and development, warehousing, wholesale, processing and...
General categoryINDUSTRIAL
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 agency33.4
Building Supply31.0
Wholesale Shop27.9

Location

2600 Southern Ave Memphis, TN 38111-1530
County assessor Recorded deeds · 5 transfers 6 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
1880 Titus, Memphis, TN 38111-7014 $34,447,000 Sep 2024 10,500 SF
1741 Cherokee, Memphis, TN 38111-3776 $375,000 Jun 2023 5,244 SF
499 Hollywood, Memphis, TN 38111-1521 $2,500,000 Aug 2021 48,900 SF
1740 Cherokee, Memphis, TN 38111-3775 $1,600,000 Jul 2019 25,134 SF
3263 Sharpe, Memphis, TN 38111-3729 $8,600,000 Jul 2019 180,818 SF
1720 Cherokee, Memphis, TN 38111 $8,600,000 Jul 2019 10,425 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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