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Financial
Distress signals
Property profile

554 Adams Ave Memphis, TN 38103

FOR SALE
Warehouses
Property ID
US80-1530617
24,087 SF 0.68 ac lot Built 1967
Last sale Jan 2000 · $267,432
Individually Owned Owner of record is an individual. 26-yr Hold Held for 26 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 25,668-square-foot industrial property in Memphis, Tennessee, presents a compelling investment opportunity. Located at 554 Adams Avenue, this Class C building sits on a 0.67-acre lot and boasts a prominent corner location with high visibility, fronting Adams, Washington, and Dunlap Streets. Built in 1967, the property features a 16-foot ceiling height, three loading docks, and two dock-high doors, making it ideal for distribution, manufacturing, or warehouse operations. The…

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?
$7k
Tax billed · 2022
Assessed value · 2023$120k
Assessed land$94k
Assessed improvement$26k
Effective rate6.09%

Value estimate

· Oct 2026
$400k
$360k – $440k
AI approach$400k
NOI build-up
Gross scheduled income$431k
Vacancy & credit loss−$41k
Operating expenses−$137k
NOI · 25.37% cap applied$254k

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

Recently sold

What actually traded nearby?
$42/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$11 – $67
Qualifying comparables5

Cap rate analysis

How does the asset earn?
25.37%
$254k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CBD
C. CBD: Central Business District. D. CMCS: Commercial Mobile Communications Services. E. DBH: Diameter Breast Height. F. FAA: Federal Av...
General categoryCIVIC_INSTITUTIONAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store9.1
Dry Cleaner9.0
Furniture Store8.8

Location

554 Adams Ave Memphis, TN 38103
County assessor Recorded deeds · 4 transfers 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16 Monroe, Memphis, TN 38103 $290,000 Sep 2023 29,800 SF
387 Frnt, Memphis, TN 38103-4115 $2,100,000 Nov 2022 29,289 SF
430 Monroe, Memphis, TN 38103-3214 $2,000,000 Aug 2022 24,141 SF
273 Washington, Memphis, TN 38103-1911 $475,000 Mar 2021 25,300 SF
92 Carolina, Memphis, TN 38103-4726 $1,030,000 Mar 2020 29,720 SF
78 Carolina, Memphis, TN 38103-4704 $600,000 Feb 2020 16,700 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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