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Property profile

5511 Murray Ave Memphis, TN 38119

OFF-MARKET
Office buildings
Property ID
US80-1391547
1,612 SF 0.43 ac lot Built 1955
Last sale Nov 1999 · $234,729
Individually Owned Owner of record is an individual. 26-yr Hold Held for 26 years. 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. 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?
$8k
Tax billed · 2022
Assessed value · 2023$129k
Assessed land$90k
Assessed improvement$40k
Effective rate6.09%

Value estimate

· Nov 2026
$310k
$279k – $341k
AI approach$285k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$137/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$105 – $193
Qualifying comparables5

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?
OG
B. Office General (OG) The OG District is intended to accommodate a range of more intense professional office uses and a limited range of...
General categoryCIVIC_INSTITUTIONAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Kitchen & Bath
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Kitchen & Bath9.7
Barber Shop9.6
Plumbing Service9.4

Location

5511 Murray Ave Memphis, TN 38119-3703
County assessor Recorded deeds · 1 transfer 5 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
988 Reddoch, Memphis, TN 38119-3614 $489,250 Feb 2025 1,612 SF
5501 Murray, Memphis, TN 38119-3703 $350,000 Jan 2024 2,471 SF
1045 Oakhaven, Memphis, TN 38119-3811 $475,000 Sep 2023 1,950 SF
1000 Reddoch, Memphis, TN 38119-3614 $495,000 Dec 2022 2,202 SF
1061 Rex, Memphis, TN 38119-3819 $207,000 Sep 2022 2,020 SF
993 Reddoch, Memphis, TN 38119-3614 $412,500 Jul 2022 2,165 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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