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1027 Union Ave; Memphis, TN Property Details

1027 Union Ave, Memphis, TN is a Drive-thru Restaurant that was built in 1997. This property is currently a cash purchase and is not for sale. Our records show that 1027 Union Ave has a total of 3,782 square feet. The lot size of 1027 Union Ave is 37,505 square feet.

Off market
1027 Union Ave Memphis, TN 38104
$871,360 Estimated Value
3,782 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1997
  • Purchase Price: $2,800,000
  • APN: 01-8028-0-0005C
  • Situs County: Shelby
  • Length Of Ownership: 3 months

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Concrete
  • Building Condition: Very Good
  • Building Quality: B

Measurements

  • Total: 3,782/SqFt
  • Lot: 37,505/SqFt
  • Gross: 3,782/SqFt
  • Living: 3,734/SqFt
  • Building: 3,734/SqFt
  • Ground: 3,734/SqFt
  • Price Per Square Foot: $740.35

Legal Description

  • Description: DISPOSTITION PARCEL 1 PROJ NO TN R-75 SS UNION AVE COR CAMILLA ST SW
Building Insights

Land Information

  • Property Type: Drive-thru Restaurant
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.137417 / -90.02727
  • Subdivision: Medical Cntr Urban Renewal Area Iii
  • Property Class: Commercial
  • Zoning: CMU-3
  • County Use Code: 030

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3139
  • Cooling: Central
  • Heating: Yes

Ownership Info

1027 Union Ave has no associated ownership info
1027 Union Ave has no associated ownership info.

Taxes

1027 Union Ave has 10 associated Taxes items

1027 Union Ave, Memphis, TN pays taxes in Shelby County, TN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $871,360. The APN we've located for 1027 Union Ave is 01-8028-0-0005C.

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Taxes
  • Assessed Value:  $871,360
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  01-8028-0-0005C
  • Assessed Land Value:  414880
  • Market Land Value:  1037200
  • Tax Amount:  23439.58
  • Tax Year:  2025
  • Market Value:  2178400
  • Market Year:  2025

Tax History

1027 Union Ave has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $871,360 Land Value $414,880 Improvement Value $456,480 Tax Amount $23,439.58 Change Rate +0.02684% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $22,826.9 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $673,360 Land Value $331,920 Improvement Value $341,440 Tax Amount $22,826.9 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $673,360 Land Value $331,920 Improvement Value $341,440 Tax Amount $41,018.66 Change Rate -0.104618% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $673,360 Land Value $331,920 Improvement Value $341,440 Tax Amount $45,811.34 Change Rate -0.101347% Assessed CR Tax Rate +0.068034%
Year 2020 Assessed Value $646,440 Land Value $331,920 Improvement Value $314,520 Tax Amount $50,977.8 Change Rate +1.055806% Assessed CR Tax Rate +0.078859%
Year 2019 Assessed Value $646,440 Land Value $331,920 Improvement Value $314,520 Tax Amount $24,796.99 Change Rate Assessed CR Tax Rate +0.038359%
Year 2018 Assessed Value $646,440 Land Value $331,920 Improvement Value $314,520 Tax Amount $24,796.99 Change Rate -0.019301% Assessed CR Tax Rate +0.038359%
Year 2017 Assessed Value $646,440 Land Value $331,920 Improvement Value $314,520 Tax Amount $25,285.02 Change Rate +0.368901% Assessed CR Tax Rate +0.039114%
Year 2016 Assessed Value $457,680 Land Value Improvement Value Tax Amount $18,471.04 Change Rate -0.076477% Assessed CR Tax Rate +0.040358%
Year 2014 Assessed Value $457,680 Land Value Improvement Value Tax Amount $20,000.62 Change Rate Assessed CR Tax Rate +0.0437%