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Financial
Distress signals
Property profile

9235 Poplar Ave Germantown, TN 38138

FOR LEASE
Hotels
Property ID
US80-0885693
116,100 SF 11.02 ac lot Built 1991
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Shops of Forest Hill is a double-grocer anchored retail shopping center located at 9235 Poplar Ave in Germantown, Tennessee. The tenant mix includes Sprouts, Malco, Marshalls, a Target location (shadow) configuration, and Home Centric, and the center is described as being predominantly occupied. The property is positioned in a Memphis-area submarket and is surrounded by recent and ongoing development activity, including new multifamily construction since 2019 and other planned office and retail projects within nearby trade-area distances.

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?
$142k
Tax billed · 2022
Assessed value · 2023$2.80M
Assessed land$2.49M
Assessed improvement$307k
Effective rate5.06%

Value estimate

· Oct 2026
$5.62M
$5.06M – $6.18M
Submarket $/SF estimate$6.31M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$68/SF
Submarket average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$23 – $101

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?
SC-1
The purpose of the shopping center district is to encourage the coordinated development of community oriented shopping centers.
General categoryCOMMERCIAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop16.8
Wholesale Shop14.1
Building Supply13.2

Location

9235 Poplar Ave Germantown, TN 38138
County assessor Recorded deeds · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9161 Winchester, Germantown, TN 38138-8509 $11,000,000 Dec 2025 77,983 SF
9320 Poplar, Germantown, TN 38138-8311 $7,000,000 Feb 2025 38,048 SF
7787 Wolf Riv, Germantown, TN 38138-1706 $5,400,000 Sep 2022 33,720 SF
2427 Germantown, Memphis, TN 38138 $5,000,000 Jul 2022 40,206 SF
7750 Wolf Riv, Germantown, TN 38138-1702 $9,400,000 Feb 2020 48,548 SF
7855 Wolf Riv, Germantown, TN 38138-1718 $9,716,701 Sep 2019 64,947 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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