Financial
Distress signals
Property profile

296 Dr Ml King Jr Ave Memphis, TN 38126

OFF-MARKET
Warehouses
Property ID
US80-1558299
24,592 SF 1.26 ac lot Built 1977
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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?
$9k
Tax billed · 2022
Assessed value · 2023$145k
Assessed land$70k
Assessed improvement$74k
Effective rate6.09%

Value estimate

· Oct 2026
$460k
$414k – $506k
Submarket $/SF estimate$766k

Realmo valuation models over county records and 4 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 comparables4

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-3
The CMU-3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require hi...
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 agency22.6
Building Supply20.3
Wholesale Shop19.6

Location

296 Dr Ml King Jr Ave Memphis, TN 38126-1900
County assessor Recorded deeds · not on file 4 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
810 Walnut, Memphis, TN 38126-4238 $102,618 Mar 2026 16,296 SF
740 5th, Memphis, TN 38126 $500,000 Mar 2025 15,000 SF
594 Dr Ml King Jr, Memphis, TN 38126-1941 $960,000 Dec 2023 30,014 SF
358 Walnut, Memphis, TN 38126-2915 $300,000 May 2023 27,588 SF
674 Walnut, Memphis, TN 38126-4120 $150,000 Oct 2021 16,787 SF
325 Ge Patterson, Memphis, TN 38126-3219 $1,700,000 Sep 2021 20,106 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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