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1222 E Raines Rd; Memphis, TN Property Details

1222 E Raines Rd, Memphis, TN is a Shopping Center/mall that was built in 1956. This property is currently a cash purchase and is not for sale. Our records show that 1222 E Raines Rd has a total of 142,333 square feet. The lot size of 1222 E Raines Rd is 1,293,383 square feet.

Off market
4088 Elvis Presley Blvd Memphis, TN 38116
$3,198,320 Estimated Value
142,333 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1956
  • Purchase Price: $540,000
  • APN: 07-8101-0-0011
  • Situs County: Shelby
  • Length Of Ownership: 20 years

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Condition: Poor
  • Building Quality: C

Measurements

  • Total: 142,333/SqFt
  • Lot: 1,293,383/SqFt
  • Gross: 142,333/SqFt
  • Living: 142,333/SqFt
  • Building: 142,333/SqFt
  • Ground: 135,780/SqFt
  • Price Per Square Foot: $3.79

Legal Description

  • Description: ES HWY 51 COR LAUDEEN DR (SE) TO (NS) RAINES RD COR BARTON DR (NW) SEE MAP GRID 194 E
Building Insights

Land Information

  • Property Type: Shopping Center/Mall
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.03681 / -90.02338
  • Subdivision: Whitehaven Plaza 1st Addition & Tract
  • Property Class: Commercial
  • Zoning: CMU-3
  • County Use Code: 039

Amenities

  • Plus Four: 5827
  • Cooling: Central
  • Heating: Yes

Ownership Info

4088 Elvis Presley Blvd has no associated ownership info
4088 Elvis Presley Blvd has no associated ownership info.

Taxes

4088 Elvis Presley Blvd has 10 associated Taxes items

1222 E Raines Rd, 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 $3,198,320. The APN we've located for 1222 E Raines Rd is 07-8101-0-0011.

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Taxes
  • Assessed Value:  $3,198,320
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  07-8101-0-0011
  • Assessed Land Value:  993760
  • Market Land Value:  2484400
  • Tax Amount:  86034.81
  • Tax Year:  2025
  • Market Value:  7995800
  • Market Year:  2025

Tax History

4088 Elvis Presley Blvd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $3,198,320 Land Value $993,760 Improvement Value $2,204,560 Tax Amount $86,034.81 Change Rate +0.235108% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $3,056,440 Land Value $993,760 Improvement Value $2,062,680 Tax Amount $69,657.72 Change Rate Assessed CR Tax Rate +0.02279%
Year 2023 Assessed Value $2,054,800 Land Value $993,760 Improvement Value $1,061,040 Tax Amount $69,657.72 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $2,054,800 Land Value $993,760 Improvement Value $1,061,040 Tax Amount $125,171.02 Change Rate -0.29453% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $2,878,920 Land Value $993,760 Improvement Value $1,885,160 Tax Amount $177,429.27 Change Rate +0.431226% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $1,710,880 Land Value $762,360 Improvement Value $948,520 Tax Amount $123,970.13 Change Rate +1.267215% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $1,710,880 Land Value $762,360 Improvement Value $948,520 Tax Amount $54,679.48 Change Rate +0.52708% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $1,120,360 Land Value $762,360 Improvement Value $358,000 Tax Amount $35,806.55 Change Rate -0.360267% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $1,710,880 Land Value $762,360 Improvement Value $948,520 Tax Amount $55,971.12 Change Rate +0.46983% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $1,120,000 Land Value Improvement Value Tax Amount $38,080 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $1,120,000 Land Value Improvement Value Tax Amount $48,944 Change Rate -0.398938% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $81,429.21 Change Rate Assessed CR Tax Rate