Financial
Distress signals
Property profile

611 N Main St Memphis, TN 38107

FOR SALE
Warehouses
Property ID
US80-2937509
2,954 SF 0.2 ac lot Built 1963
Last sale Nov 2017
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Property summary

AI-generated overview

& the Medical District. Property sits next door to the reimagined Historic Snuff District which boasts luxury living near the Mississippi River. HURRY!!""""}"""

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.

Mortgages

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?
$2k
Tax billed · 2022
Assessed value · 2023$28k
Assessed land$5k
Assessed improvement$23k
Effective rate6.09%

Value estimate

· Sep 2026
$245k
$221k – $270k
AI approach$245k

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

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
Qualifying comparables5

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?
HDR
B. High-Density Residential District (HDR) Land use types to be included in this district are multifamily, townhouses and institutions. T...
General categoryRESIDENTIAL
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 agency22.1
Wholesale Shop20.9
Building Supply20.7

Location

611 N Main St Memphis, TN 38107
County assessor Recorded deeds · 5 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
808 Jackson, Memphis, TN 38107 $280,000 Feb 2026 6,119 SF
904 Frnt, Memphis, TN 38107-2349 $88,000 Dec 2022 3,713 SF
125 Keel, Memphis, TN 38107-3669 $309,000 Nov 2022 5,040 SF
1277 Decatur, Memphis, TN 38107-1125 $40,000 Nov 2022 5,880 SF
1336 2nd, Memphis, TN 38107-1441 $186,000 Dec 2020 5,220 SF
1387 2nd, Memphis, TN 38107-1442 $292,500 Apr 2019 2,710 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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