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1223 E Shelby Dr; Memphis, TN Property Details

1223 E Shelby Dr, Memphis, TN is a Shopping Center/mall that was built in 1972. This property is currently a cash purchase and is not for sale. Our records show that 1223 E Shelby Dr has a total of 120,622 square feet. The lot size of 1223 E Shelby Dr is 197,762 square feet.

Off market
1223 E Shelby Dr #1289 Memphis, TN 38116
$380,000 Estimated Value
120,622 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1972
  • Purchase Price: $5,240,710
  • APN: 07-9060-0-0014
  • Situs County: Shelby
  • Length Of Ownership: 15 years

Structure

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

Measurements

  • Total: 120,622/SqFt
  • Lot: 197,762/SqFt
  • Gross: 120,622/SqFt
  • Living: 120,622/SqFt
  • Building: 120,622/SqFt
  • Ground: 120,622/SqFt
  • Price Per Square Foot: $43.45

Legal Description

  • Description: SS FARRON RD TO SHELBY DR (SS) SEE MAP TU-10 & U-10 GRID #213D,E 212A,H
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: 35.022346 / -90.022255
  • Subdivision: Pt Kemmons Wilson Sc-1 Sec 8
  • Property Class: Commercial
  • Zoning: CMU-2
  • County Use Code: 039

Amenities

  • Plus Four: 7123
  • Cooling: Central
  • Heating: Yes

Ownership Info

1223 E Shelby Dr #1289 has no associated ownership info
1223 E Shelby Dr #1289 has no associated ownership info.

Taxes

1223 E Shelby Dr #1289 has 10 associated Taxes items

1223 E Shelby Dr, 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 $380,000. The APN we've located for 1223 E Shelby Dr is 07-9060-0-0014.

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Taxes
  • Assessed Value:  $380,000
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  07-9060-0-0014
  • Assessed Land Value:  132760
  • Market Land Value:  331900
  • Tax Amount:  10222
  • Tax Year:  2025
  • Market Value:  950000
  • Market Year:  2025

Tax History

1223 E Shelby Dr #1289 has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $380,000 Land Value $132,760 Improvement Value $247,240 Tax Amount $10,222 Change Rate -0.20649% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $380,000 Land Value $132,760 Improvement Value $247,240 Tax Amount $12,882 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $380,000 Land Value $132,760 Improvement Value $247,240 Tax Amount $12,882 Change Rate -0.790366% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $1,008,760 Land Value $132,760 Improvement Value $876,000 Tax Amount $61,450.03 Change Rate -0.011587% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $1,008,760 Land Value $132,760 Improvement Value $876,000 Tax Amount $62,170.38 Change Rate +1.998314% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $286,160 Land Value $132,760 Improvement Value $153,400 Tax Amount $20,735.11 Change Rate +1.267213% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $286,160 Land Value $132,760 Improvement Value $153,400 Tax Amount $9,145.64 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $286,160 Land Value $132,760 Improvement Value $153,400 Tax Amount $9,145.64 Change Rate -0.023076% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $286,160 Land Value $132,760 Improvement Value $153,400 Tax Amount $9,361.67 Change Rate +0.376716% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $200,000 Land Value Improvement Value Tax Amount $6,800 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $200,000 Land Value Improvement Value Tax Amount $8,740 Change Rate +0.370379% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $6,377.8 Change Rate Assessed CR Tax Rate