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    575 Phelan Ave Memphis, TN 38126-4005
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    Property profile & analytics

    575 Phelan Ave, Memphis, TN 38126-4005

    View on Map

    • Warehouses
    • 111,542 SF
    • 3.84 lot acres
    Off-Market
    Last Sale Jun 8, 2023
    $5,825,000
    Property ID
    US80-0583197
    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.

    Value Estimations
    $5,740,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 575 Phelan Ave

    Year built
    1961
    Lot size
    3.84 lot acres
    Zone code
    EMP
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    011-019- - -00002
    APU
    1101900002

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 8, 2024 $12,250,000 Tnre 12 LLC Goodrich & Company III LLC Special Warranty Deed $7.3M · Atlanta Postal Cu
    Apr 3, 2024 — Goodrich & Company III LLC — Deed · related $9.3M · Abound FCU
    Jun 8, 2023 — Goodrich & Company II LLC Goodrich & Company II LLC Intrafamily Transfer · related —
    Jun 7, 2023 — Goodrich & Company LLC — Deed · related $4.4M · Abound FCU
    Feb 24, 2023 $5,825,000 Goodrich & Company LLC 575 Phelan Avenue LLC Special Warranty Deed $5.9M · Evans Living Trust
    Dec 3, 2021 $650,000 575 Phelan Avenue LLC Orora Packaging Solutions Special Warranty Deed $5k · Origin Bank
    Aug 16, 2017 — Orora Packaging Solutions Orora Packaging Solutions Quit Claim Deed · related —
    May 7, 2010 $468,350 Amcor Packaging Distribution Wurzburg INC Warranty Deed —
    Feb 9, 2010 — Wurzburg INC — Deed Of Trust · related $7.8M · First Tennessee Bank National
    Apr 30, 1999 $654,500 Wurzburg INC Lilo LLC Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $5,610,000
      ML approach
      $5,705,000
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $4,365,000
      Current use
      RETAIL STORES
      $9,255,000
      Change: +112% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $8,190,000
      Change: +88% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $6,740,000
      Change: +54% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0424
    Latitude
    35.127
    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
    $15,419
    $107,800
    $145,320
    $253,120
    -
    $269,500
    $363,300
    $632,800
    More about this property
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