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Financial
Distress signals
Property profile

5650 Challenge Dr Memphis, TN 38115

OFF-MARKET
Warehouses
Property ID
US80-1368206
427,500 SF 19.49 ac lot Built 1995
Last sale Nov 2021 · $25,482,181
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
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. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$436k
Tax billed · 2022
Assessed value · 2023$7.15M
Assessed land$274k
Assessed improvement$6.88M
Effective rate6.09%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$39/SF
Submarket average, outlier-cleaned · 509 recorded sales of this use type
Observed band · Q1–Q3$19 – $62

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?
EMP
The EMP District is intended to accommodate office, light manufacturing, research and development, warehousing, wholesale, processing and...
General categoryINDUSTRIAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm22.4
Dental Office14.2
Realty agency13.9

Location

5650 Challenge Dr Memphis, TN 38115-5016
County assessor Recorded deeds · 14 transfers Qualifying comp sales · not on file 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
5465 Raines, Memphis, TN 38115-6710 $6,728,142 May 2024 201,836 SF
4105 Mendenhall, Memphis, TN 38115-5927 $3,534,540 May 2024 117,470 SF
5445 Mendenhall, Memphis, TN 38115 $7,265,220 May 2024 104,066 SF
5425 Raines, Memphis, TN 38115-6705 $7,265,220 May 2024 73,108 SF
3945 Hickory Hl, Memphis, TN 38115-6102 $4,763,326 Nov 2021 100,909 SF
4001 Hickory Hl, Memphis, TN 38115-6103 $23,027,200 Oct 2021 219,489 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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