Financial
Distress signals
Property profile

4299 Elvis Presley Blvd Memphis, TN 38116

FOR LEASE
Medical Office Space
Property ID
US80-1377153
12,953 SF 1.34 ac lot Built 1965
Last sale May 2024 · $575,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Memphis, Tennessee property, located at 4299 Elvis Presley Blvd, offers 12,953 square feet of versatile commercial space in a single, one-story building. Situated on 1.3 acres of land in the Whitehaven submarket, this Class B building boasts a prime location on the iconic Elvis Presley Boulevard. Recently renovated in 2024, the property features a mix of office space types, including medical, traditional, executive, coworking, and creative office options. The building is…

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$73k
Assessed improvement$71k
Effective rate6.09%

Value estimate

· Sep 2026
$575k
$518k – $633k
AI approach$575k
Submarket $/SF estimate$746k
NOI build-up
Gross scheduled income$75k
Vacancy & credit loss−$6k
Operating expenses−$28k
NOI · 276,020.00% cap applied$41k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$143/SF
Submarket average, outlier-cleaned · 89 recorded sales of this use type
Observed band · Q1–Q3$58 – $211
Qualifying comparables3

Cap rate analysis

How does the asset earn?
276,020.00%
$41k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 agency33.3
Building Supply28.5
Law Firm21.0

Location

4299 Elvis Presley Blvd Memphis, TN 38116
County assessor Recorded deeds · 11 transfers 3 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
4250 Faronia, Memphis, TN 38116-6527 $550,000 Apr 2024 14,400 SF
1200 Farrow, Memphis, TN 38116-7116 $2,150,000 Jan 2023 9,000 SF
5484 Airways, Memphis, TN 38116-9402 $4,100,000 Oct 2022 12,075 SF
4707 Woodridge, Memphis, TN 38116-7811 $384,900 Jun 2022 7,250 SF
4565 Millbranch, Memphis, TN 38116 $380,000 Apr 2022 4,133 SF
4212 Elvis Presley, Memphis, TN 38116-6424 $130,000 Dec 2018 18,218 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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