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Financial
Distress signals
Property profile

400 Main St Memphis, TN 38103

OFF-MARKET
Investment properties
Property ID
US80-1392171
10,871 SF 0.09 ac lot Built 1905
Last sale May 2012 · $1,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 2,261 square foot retail space is ideally situated on the northeast corner of South Main Street and Huling Avenue in Memphis, Tennessee's vibrant South Main Arts District. Currently fully vacant, this property presents a unique opportunity for a single or multiple tenant occupancy. The building's prime location offers unparalleled visibility and accessibility, making it perfect for a variety of retail or restaurant concepts. Located at 400 S Main St, zip code 38103, in…

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 · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value · 2024$130k
Assessed land$37k
Assessed improvement$93k
Effective rate6.09%

Value estimate

· Oct 2026
$27.00M
$24.30M – $29.70M
AI approach$27.00M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$60/SF
Submarket average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$21 – $107
Qualifying comparables5

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?
MU
C. Mixed Use (MU) The MU District is intended to accommodate physically integrated uses. Permitted land use types include commercial, tow...
General categoryMIXED_USE
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop18.1
Auto Parts Store18.0
Building Supply17.0

Location

400 Main St Memphis, TN 38103-1528
County assessor Recorded deeds · 7 transfers 5 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
508 Main, Memphis, TN 38103-4460 $1,500,000 Jul 2025 9,000 SF
410 Main, Memphis, TN 38103-4441 $250,000 Sep 2023 11,280 SF
505 Main, Memphis, TN 38103-4458 $110,000 Oct 2022 9,504 SF
314 Main, Memphis, TN 38103-4206 $610,000 Apr 2021 6,226 SF
414 Main, Memphis, TN 38103-4441 $510,000 Jul 2020 5,520 SF
364 Frnt, Memphis, TN 38103-4159 $1,230,000 Oct 2018 16,650 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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