Financial
Distress signals
Property profile

633 Monroe Ave Memphis, TN 38103

OFF-MARKET
Office buildings
Property ID
US80-1700676
11,872 SF 0.17 ac lot Built 1903
Last sale Oct 2024 · $635,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a three-level mixed-use building totaling approximately 13,600 square feet above grade and approximately 1,270 square feet in the basement. The interior has been stripped down to the studs and is configured as a redevelopment shell for subsequent construction. The prepared redevelopment concept envisions 10 residential units with approximately 1,600 square feet of retail space on the first floor, forming a residential-over-retail arrangement subject to applicable approvals. 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. 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 · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value · 2024$123k
Assessed land$35k
Assessed improvement$87k
Effective rate6.09%

Value estimate

· Sep 2026
$635k
$572k – $699k
AI approach$635k
Submarket $/SF estimate$629k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$102/SF
ZIP average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$53 – $161

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?
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: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop14.6
Furniture Store12.9
Electrical Service12.9

Location

633 Monroe Ave Memphis, TN 38103-3213
County assessor Recorded deeds · 5 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
238 Poplar, Memphis, TN 38103-1904 $550,000 Feb 2026 5,798 SF
60 B B King, Memphis, TN 38103-2301 $966,000 Jan 2025 11,724 SF
400 Frnt, Memphis, TN 38103-1534 $27,000,000 May 2024 20,130 SF
219 Adams, Memphis, TN 38103-1921 $640,000 Feb 2024 6,758 SF
56 Frnt, Memphis, TN 38103-2435 $1,550,000 Jan 2024 15,000 SF
31 2nd, Memphis, TN 38103-2612 $719,500 Aug 2023 6,037 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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