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    Property profile & analytics

    5511 Shelby Dr Memphis, TN 38141-6706

    • Manufacturing properties
    • 41,250 SF
    • 6.76 lot acres
    OFF-MARKET
    Value Estimation
    $710,000
    Last Sale
    Dec 22, 2022
    $843,000
    Location Intelligence
    Property ID
    US80-0897666
    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.

    Current Use by Public Records

    • Barloworld Handling / Business To Business Service
    • Briggs JCB / Store
    • SitePro Rentals / Equipment Rental Agency / Construction Machine Rental Service

    Property Details for 5511 Shelby Dr

    Year built
    1981
    Lot size
    6.76 lot acres
    Property size
    41,250 SF
    Zone code
    EMP
    Property type
    Manufacturing properties
    APN
    093-623- -A-00001
    APU
    093623A00001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $670,000

    • CAP approach

      CAP return
      Estimation
      6%
      $905,000
      6.5%
      $800,000
      7%
      $895,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $765,000
      Geo Method
      $865,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $825,000
      Retail
      $715,000
      Mixed-Use
      $825,000
      Hospitality
      $680,000
      Educational
      $835,000
      Residential Income
      $940,000
      Energy
      $945,000
      Income-Based Land
      $865,000
      Food Service
      $710,000

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8789
    Latitude
    35.0195
    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
    $34,345
    $140,320
    $423,480
    $563,800
    -
    $350,800
    $1,058,700
    $1,409,500

    Comparable in this City

    • Value Estimation
      $760,000
      13,790 SF

      4626 Clarke Rd

      MILL (FEED, GRAIN, LUMBER, TEXTILE) • 13,790 SF
      4626 Clarke Rd, Memphis, TN 38141
      View Details
    • Value Estimation by Request
      108,206 SF

      4308 Mendenhall Rd

      MILL (FEED, GRAIN, LUMBER, TEXTILE) • 108,206 SF
      4308 Mendenhall Rd, Memphis, TN 38141
      View Details
    • Value Estimation by Request
      150,109 SF

      4272 Mendenhall Rd

      MILL (FEED, GRAIN, LUMBER, TEXTILE) • 150,109 SF
      4272 Mendenhall Rd, Memphis, TN 38141-6701
      View Details
    • Value Estimation
      $470,000
      107,592 SF

      5535 Distribution Dr

      MILL (FEED, GRAIN, LUMBER, TEXTILE) • 107,592 SF
      5535 Distribution Dr, Memphis, TN 38141-8225
      View Details
    • Value Estimation by Request
      165,966 SF

      Mendenhall Rd

      MILL (FEED, GRAIN, LUMBER, TEXTILE) • 165,966 SF
      Mendenhall Rd, Memphis, TN 38141
      View Details
    • Value Estimation
      $4,185,000
      128,159 SF

      6409 Holmes Rd

      MILL (FEED, GRAIN, LUMBER, TEXTILE) • 128,159 SF
      6409 Holmes Rd, Memphis, TN 38141-8310
      View Details

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    Memphis, TN 38141-6706
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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