5101 Sanderlin Ave Memphis, TN 38137
Property Lookup
Property profile & analytics
5101 Sanderlin Ave Memphis, TN 38137
- Strip malls
- 49,293 SF
- 4.08 lot acres
Property ID
US80-0843017
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- St. Paul Bookstore & Church Supply / (Bike/Boat/Book/etc) Store
- dLogic / (Bike/Boat/Book/etc) Store / Corporate Office
- Just Polly Boutique / Clothing & Fashion Store
- Lantana Lip Lab / Cosmetic Store
- Steelers Club of Memphis / Nightclub / Music Venue
Property Details for 5101 Sanderlin Ave
- Year built
- 1989
- Lot size
- 4.08 lot acres
- Property size
- 49,293 SF
- Zone code
- CMU-3
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 056-033- - -00228
- APU
- 5603300228
Description
The Sanderlin Centre, a Class A retail strip center located at 5101 Sanderlin Ave, Memphis, TN 38137, offers exceptional leasing opportunities. Built in 1989, this single-story property boasts a total of 47,290 square feet and comprises 21 suites. Currently, there is 3,777 square feet of vacant space available, divisible into units ranging from a minimum of 1,270 square feet to a maximum contiguous space of 2,507 square feet. The center enjoys a prime location on Sanderlin Avenue, between White Station and Mendenhall Road, ensuring high visibility and accessibility for businesses. This well-maintained property presents a fantastic opportunity for retailers seeking a prominent presence in a thriving Memphis market. The property's strategic location and ample space make it ideal for a variety of retail uses. Interested parties should inquire about available space and lease terms. The property is classified as a Class A building, reflecting its high quality and desirable features. The address is easily accessible from major thoroughfares, providing convenient access for customers and employees.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,457,000
- AI Estimate
- $2,525,000
Market price range: $1.57M - $6.55MMarket price range: $1.14M - $4.18M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $3,620,000 Current use
- OFFICE BUILDING
- $6,660,000 Change: +84% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $4,780,000 Change: +32% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $4,385,000 Change: +21% Conversion: Difficult
- RETAIL STORES
- $4,090,000 Change: +13% Conversion: Easy
- COMMERCIAL (GENERAL)
- $2,980,000 Change: -18% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.892
- Latitude
- 35.1161
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$160,351
$892,880
$1,739,440
$2,632,320
-
$2,232,200
$4,348,600
$6,580,800
