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    Property profile & analytics

    2611 Mendenhall Rd Memphis, TN 38115-1503

    • Sports & entertainment properties
    • 18,164 SF
    • 1.45 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US80-0695724
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Pertrac / Software Company
    • Global Indoor Shooting Range And Archery / Shooting Range / Archery Club
    • Mid-America Training Center / Firearms Academy
    • Panther Protection & Process Services LLC. / Security Guard Service

    Property Details for 2611 Mendenhall Rd

    Year built
    1976
    Lot size
    1.45 lot acres
    Property size
    18,164 SF
    Zone code
    CMU-3
    Property type
    Sports & entertainment properties
    APN
    074-001- -C-00014
    APU
    074001C00014

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $290,000
      7%
      $270,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $300,000
      Geo Method
      $265,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $325,000
      Retail
      $330,000
      Mixed-Use
      $240,000
      Hospitality
      $260,000
      Educational
      $315,000
      Residential Income
      $320,000
      Energy
      $295,000
      Income-Based Land
      $245,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8856
    Latitude
    35.0774
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $9,006
    $48,920
    $98,920
    $147,840
    -
    $122,300
    $247,300
    $369,600

    Comparable in this City

    • Value Estimation by Request
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      12.02 Acres

      5593 Clarke Rd

      RECREATIONAL, ENTERTAINMENT • 12.02 Acres
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    • Value Estimation by Request
      8.73 Acres

      5553 Flowering Peach Dr

      RECREATIONAL, ENTERTAINMENT • 8.73 Acres
      5553 Flowering Peach Dr, Memphis, TN 38115
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    • Value Estimation by Request
      243,588 SF

      6616 Winchester Rd

      Theaters & concert halls • 243,588 SF
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    • Value Estimation
      $710,000
      27,104 SF

      5718 Mt Moriah Rd

      SKATING RINK, ICE SKATING, ROLLER SKATING • 27,104 SF
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    • Value Estimation by Request
      360,180 SF

      3499-3619 Riverdale Rd

      Retail properties • 360,180 SF
      3499-3619 Riverdale Rd, Memphis, TN 38115
      View Details

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      4 Acres Land For Sale

      4 acres of land available for purchase.
      4055 S Mendenhall Rd, Memphis, TN 38115
      View Details
    • $484,000

      Land For Sale

      Land available for sale in Memphis, Tennessee.
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    Similar Nearby for Lease

    • $4 SF/Yr
      243,588 SF

      6616 Winchester Rd

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    • $12 SF/Yr
      89,717 SF

      Hickory Hill Retail Center Opportunity

      Memphis retail space, high traffic location.
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      Winchester Court Retail Center

      Memphis Retail Space - 23,904 SF Available
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      19,150 SF

      Retail Space Available For Lease

      Retail property available for lease in Memphis, Tennessee.
      3548 S Mendenhall Rd, Memphis, TN 38115
      View Details
    • $12 SF/Yr
      1,200 SF

      Retail Space with Kitchen

      Retail space featuring a kitchen, storage, and restroom.
      3669-3883 S Mendenhall Rd, Memphis, TN 38115
      View Details
    • Contact for pricing

      Retail Center in Memphis, Tennessee

      Neighborhood retail center at a busy intersection, 100% leased.
      3151 S Mendenhall Rd, Memphis, TN 38115
      View Details
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    Memphis, TN 38115-1503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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