Financial
Distress signals
Property profile

4935 Covington Way Memphis, TN 38128

OFF-MARKET
Warehouses
Property ID
US80-0736005
39,512 SF 4.28 ac lot Built 1987
Last sale May 2026 · $2,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 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. 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?
$38k
Tax billed · 2022
Assessed value · 2023$630k
Assessed land$162k
Assessed improvement$468k
Effective rate6.09%

Value estimate

· Oct 2026
$600k
$540k – $660k
Submarket $/SF estimate$1.43M

Realmo valuation models over county records and 8 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 comparables8

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?
IH
The IH district is intended to accommodate high impact manufacturing, industrial or other uses, including extractive and waste related us...
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 agency19.6
Law Firm15.3
Parking Facility11.6

Location

4935 Covington Way Memphis, TN 38128-6939
County assessor Recorded deeds · 3 transfers 8 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4882 English Towne, Memphis, TN 38128-0988 $1,421,000 Mar 2026 16,738 SF
4875 Stage, Memphis, TN 38128-4958 $1,850,000 Jan 2022 85,660 SF
Hawkins Ml, Memphis, TN 38128 $1,864,123 Apr 2021 201,722 SF
3219 Austin Peay, Memphis, TN 38128 $1,600,000 Mar 2020 180,630 SF
3040 Austin Peay, Memphis, TN 38128-4602 $6,037,000 Apr 2019 68,147 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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