Property profile

6705 Shelby Dr Memphis, TN 38141

OFF-MARKET
Grocery and convenience stores
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Property ID
US80-0584438
2,368 SF 0.97 ac Built 1988
Last sale Mar 2022·$185,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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. 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?
$22k
Tax billed · 2022
Assessed value · 2023$363k
Assessed land$249k
Assessed improvement$114k
Effective rate6.09%

Value estimate

· Nov 2026
$730k
$657k – $803k
AI approach$825k
Submarket $/SF estimate$875k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$73/SF
Submarket average, outlier-cleaned · 210 recorded sales of this use type
Observed band · Q1–Q3$32 – $133

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?
CMU-1
PRINCIPAL USE R6 RU-1 RU-3 CMU-1 CMU-2 CMP-2 Woodworking, including Cabinet Makers and Furniture Manufacturing □ ■ Warehouse □ □ Recyclin...
General categoryMIXED_USE
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 agency29.6
Law Firm25.9
Building Supply16.1

Location

6705 Shelby Dr Memphis, TN 38141-7846
County assessor Recorded deeds · 18 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
5245 Riverdale, Memphis, TN 38141-8551 $865,000 Dec 2023 8,480 SF
6456 Shelby, Memphis, TN 38141-8401 $1,120,000 Oct 2023 3,944 SF
6939 Shelby, Memphis, TN 38141-7847 $7,450,000 Dec 2021 15,840 SF
5620 Riverdale, Memphis, TN 38141-8513 $1,775,000 Sep 2020 4,386 SF
6980 Holmes, Memphis, TN 38141-8506 $1,669,500 Jun 2019 13,833 SF
5982 Holmes, Memphis, TN 38141-8245 $1,500,000 Jun 2019 6,000 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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