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Financial
Distress signals
Property profile

3233 Ridgeway Rd Memphis, TN 38115

OFF-MARKET
Grocery and convenience stores
Property ID
US80-1899528
3,000 SF 0.72 ac lot Built 1987
Last sale May 2014 · $245,000
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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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. 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?
$7k
Tax billed · 2022
Assessed value · 2023$118k
Assessed land$55k
Assessed improvement$63k
Effective rate6.09%

Value estimate

· Oct 2026
$220k
$198k – $242k
AI approach$220k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$73/SF
Submarket average, outlier-cleaned · 210 recorded sales of this use type
Observed band · Q1–Q3$32 – $133
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?
CMU-2
The CMU-2 District is intended to provide for commercial, office, and employment uses that serve through traffic as well as surrounding n...
General categoryMIXED_USE
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.8
Law Firm12.0
Building Supply11.9

Location

3233 Ridgeway Rd Memphis, TN 38115-3426
County assessor Recorded deeds · 7 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5363 Winchester, Memphis, TN 38115-4566 $288,500 Nov 2023 3,496 SF
5915 Raines, Memphis, TN 38115-6202 $500,000 Oct 2023 2,520 SF
5405 Knight Arnold, Memphis, TN 38115-2816 $150,000 Jan 2023 3,200 SF
5474 Fox Plz, Memphis, TN 38115-1502 $275,000 Sep 2022 3,004 SF
2710 Mendenhall, Memphis, TN 38115-1504 $315,000 Aug 2022 3,017 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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