Financial
Distress signals
Property profile

677 Phelan Ave Memphis, TN 38126

OFF-MARKET
Warehouses
Property ID
US80-1847186
67,425 SF 2.81 ac lot Built 1961
Last sale Mar 1999 · $391,418
Entity Owned Owner of record is a legal entity (LLC / corporation). 27-yr Hold Held for 27 years. Free & Clear No active or open recorded mortgage detected.
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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. 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?
$10k
Tax billed · 2022
Assessed value · 2023$170k
Assessed land$82k
Assessed improvement$88k
Effective rate6.09%

Value estimate

· Oct 2026
$870k
$783k – $957k
Submarket $/SF estimate$899k

Realmo valuation models over county records and 3 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 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 agency28.2
Law Firm18.3
Gym & Fitness13.9

Location

677 Phelan Ave Memphis, TN 38126-4005
County assessor Recorded deeds · 1 transfer 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
845 Eh Crump, Memphis, TN 38126 $615,000 Jan 2026 40,750 SF
575 Phelan, Memphis, TN 38126-4005 $5,825,000 Jun 2023 111,542 SF
245 Dr Martin Luther King Jr, Memphis, TN 38126 $2,200,000 Jan 2023 55,318 SF
761 Danny Thomas, Memphis, TN 38126-4501 $1,211,000 Jul 2022 100,000 SF
334 Saint Paul, Memphis, TN 38126 $1,700,000 Sep 2021 43,240 SF
712 Eh Crump, Memphis, TN 38126-4023 $499,999 Jul 2021 78,170 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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