6990 Shelby Dr Memphis, TN 38125-3416
Property Lookup
Property profile & analytics
6990 Shelby Dr Memphis, TN 38125-3416
- Strip malls
- 101,094 SF
- 14.70 lot acres
Property ID
US80-1072458
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Walmart Bakery / Bakery / Specialty Food Shop
- Walmart Baby & Nursery Services / Social Service Agency / Community Center
- Ria Money Transfer - Walmart / Bank / Credit Union
- Coinstar / Bank / Credit Union
- Checkers / Restaurant
Property Details for 6990 Shelby Dr
- Year built
- 1989
- Lot size
- 14.70 lot acres
- Property size
- 101,094 SF
- Zone code
- CMU-2
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 093-700- - -00443-C
- APU
- 09370000443C
Description
Shelby Square, a 145,073 square foot shopping center in Memphis, Tennessee, presents a compelling investment opportunity. This multi-tenant retail property boasts a prime location at the intersection of East Shelby Drive and Riverdale Road in Southeast Memphis, just north of the Mississippi state line, within Shelby County, zip code 38125. The center features a strong tenant mix, anchored by prominent national retailers including Walmart Neighborhood Market, Roses Discount Store, Rainbow, Advance Auto Parts, and Hibbett Sports. Additional national tenants include Checkers, DaVita, Cricket Wireless, and Jackson Hewitt. Currently, there are four spaces available, ranging from a minimum of 1,160 square feet to a maximum contiguous space of 11,900 square feet. A total of 19,373 square feet is currently vacant, offering significant potential for expansion or new tenant acquisition. The property sits on a substantial 145,073 square foot lot, providing ample space and visibility. This well-established shopping center benefits from high traffic counts and a strong local customer base, making it an attractive option for both established businesses and new ventures seeking a strategic location in a thriving retail market. The property's size and tenant diversity offer a stable income stream and significant upside potential for future growth. This is an exceptional opportunity to acquire a well-positioned retail asset in a rapidly developing area of Memphis.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $4,700,000
Market price range: $1.87M - $11.7M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.8297
- Latitude
- 35.0218
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$226,716
$426,520
$3,295,240
$3,721,760
-
$1,066,300
$8,238,100
$9,304,400
