Property profile

5950 Freeport Ave Memphis, TN 38141

OFF-MARKET
Other warehouses
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Property ID
US80-3429039
116,813 SF 5.85 ac Built 2000
Last sale Apr 2026·$8,434,340
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This warehouse property offers 32,934 square feet of space, including approximately 28,234 square feet designated as HVAC warehouse area with a 24-foot clear height. Material loading and unloading are supported by 7 dock-high doors, 4 of which are equipped, along with 3 van-high doors. The warehouse interior is equipped with LED lighting.

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?
$130k
Tax billed · 2022
Assessed value · 2023$2.14M
Assessed land$96k
Assessed improvement$2.05M
Effective rate6.09%

Value estimate

· Nov 2026
$6.64M
$5.97M – $7.30M
Submarket $/SF estimate$6.79M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$49/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$26 – $65
Qualifying comparables3

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.5
Law Firm13.2
Restaurant12.7

Location

5950 Freeport Ave Memphis, TN 38141-8388
County assessor Recorded deeds · 15 transfers 3 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
5780 Shelby, Memphis, TN 38141-6879 $24,164,500 Aug 2024 116,540 SF
4450 Mendenhall, Memphis, TN 38141-6701 $32,400,000 Apr 2024 92,317 SF
4370 Mendenhall, Memphis, TN 38141-6718 $32,400,000 Apr 2024 202,856 SF
4545 Mendenhall, Memphis, TN 38141-6702 $4,250,000 Oct 2023 57,048 SF
6386 Global, Memphis, TN 38141-8615 $19,700,000 Sep 2023 210,161 SF
6324 Global, Memphis, TN 38141-8613 $23,500,000 Dec 2022 217,172 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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