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Financial
Distress signals
Property profile

Germantown Pkwy Memphis, TN 38016

OFF-MARKET
Auto shops
Property ID
US80-1521312
2,997 SF 0.24 ac lot Built 2006
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This retail property is located within the Dexter Neighborhood Shopping Center in the Cordova Corridor, near North Germantown Parkway and Dexter Road. Available retail spaces are configured as smaller and larger units within a range of approximately 1,493 to 7,280 square feet. The center benefits from nearby commercial activity and is situated along North Germantown Parkway (estimated 57,563 AADT) and Dexter Road (estimated 15,997 AADT).

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?
$10k
Tax billed · 2022
Assessed value · 2023$158k
Assessed land$77k
Assessed improvement$81k
Effective rate6.09%

Value estimate

· Oct 2026
$265k
$239k – $292k
AI approach$265k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
Submarket average, outlier-cleaned · 238 recorded sales of this use type
Observed band · Q1–Q3$38 – $185
Qualifying comparables6

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-2
The CMU-2 District is intended to provide for commercial, office, and employment uses that serve through traffic as well as surrounding n...
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 agency47.1
Building Supply36.5
Law Firm32.1

Location

Germantown Pkwy Memphis, TN 38016
County assessor Recorded deeds · not on file 6 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

1 recorded sale · 18 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
1561 Germantown, Cordova, TN 38016-5966 $800,000 Nov 2024 6,733 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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