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Property profile

4561 Us Highway 51 N Memphis, TN 38116

FOR SALE
Auto shops
Property ID
US80-1829113
5,998 SF 0.69 ac lot Built 1969
Last sale Jan 2012 · $340,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 5,988-square-foot property sits on 0.69 acres and includes both retail and warehouse space. Located on Elvis Presley Boulevard with access to major thoroughfares, the retail portion provides approximately 1,720 square feet of open area and includes three private restrooms. A separate storage room offers approximately 1,632 square feet with a ceiling height of 15 feet 11 inches. The warehouse area totals approximately 2,646 square feet with a ceiling height of 13 feet 8 inches and is equipped with six 12-foot ground-level roll-up doors.

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$109k
Assessed land$55k
Assessed improvement$54k
Effective rate6.09%

Value estimate

· Oct 2026
$325k
$293k – $358k
AI approach$320k
NOI build-up
Gross scheduled income$72k
Vacancy & credit loss−$6k
Operating expenses−$23k
NOI · 5.01% cap applied$43k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$114/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$28 – $190
Qualifying comparables4

Cap rate analysis

How does the asset earn?
5.01%
$43k 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-1
PRINCIPAL USE R6 RU-1 RU-3 CMU-1 CMU-2 CMP-2 Woodworking, including Cabinet Makers and Furniture Manufacturing □ ■ Warehouse □ □ Recyclin...
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 agency33.9
Building Supply28.0
Wholesale Shop19.8

Location

4561 Us Highway 51 N Memphis, TN 38116
County assessor Recorded deeds · 4 transfers 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
1645 Rockdale, Memphis, TN 38116-8558 $125,000 Jan 2024 4,518 SF
4177 Elvis Presley, Memphis, TN 38116-5810 $1,000,000 Apr 2023 4,784 SF
4181 Elvis Presley, Memphis, TN 38116-5810 $1,000,000 Apr 2023 4,747 SF
1717 Raines, Memphis, TN 38116-6896 $200,000 Jul 2022 4,624 SF
1579 Brks, Memphis, TN 38116-1903 $200,000 Sep 2021 8,076 SF
1202 Finley, Memphis, TN 38116-6414 $87,500 Apr 2021 8,100 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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