Property profile

5131 Wheelis Dr Memphis, TN 38117

OFF-MARKET
Retail space
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Property ID
US80-1246623
4,825 SF 0.49 ac Built 1954
Last sale Aug 2018·$800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years.
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. 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?
$12k
Tax billed · 2022
Assessed value · 2023$189k
Assessed land$110k
Assessed improvement$79k
Effective rate6.09%

Value estimate

· Nov 2026
$240k
$216k – $264k
AI approach$240k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
Submarket average, outlier-cleaned · 326 recorded sales of this use type
Observed band · Q1–Q3$37 – $142
Qualifying comparables10

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?
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: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility10.0
Electrical Service9.9
Plumbing Service9.8

Location

5131 Wheelis Dr Memphis, TN 38117-4519
County assessor Recorded deeds · 6 transfers 10 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
5023 Park, Memphis, TN 38117-5701 $125,000 Dec 2024 5,658 SF
776 Brookhaven, Memphis, TN 38117-4502 $423,500 Jun 2024 8,058 SF
650 Perkins, Memphis, TN 38117-4706 $625,000 Jul 2023 3,123 SF
740 Brookhaven, Memphis, TN 38117-4547 $317,500 Mar 2021 3,618 SF
1525 Cherry, Memphis, TN 38117-6454 $1,425,000 Feb 2021 5,151 SF
615 Mendenhall, Memphis, TN 38117-4213 $275,000 Sep 2019 2,952 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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