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1232 E Shelby Dr; Memphis, TN Property Details

1232 E Shelby Dr, Memphis, TN is a Shopping Center/mall that was built in 1968. This property is currently a cash purchase and is not for sale. Our records show that 1232 E Shelby Dr has a total of 79,901 square feet. The lot size of 1232 E Shelby Dr is 332,319 square feet.

Off market
1232 E Shelby Dr Memphis, TN 38116
$591,440 Estimated Value
79,901 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 1968
  • Purchase Price: $1,624,000
  • APN: 07-9060-0-0003
  • Situs County: Shelby
  • Length Of Ownership: 4 years, 5 months

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Concrete
  • Building Condition: Average
  • Building Quality: C

Measurements

  • Total: 79,901/SqFt
  • Lot: 332,319/SqFt
  • Gross: 79,901/SqFt
  • Living: 79,901/SqFt
  • Building: 79,901/SqFt
  • Ground: 79,901/SqFt
  • Price Per Square Foot: $20.33

Legal Description

  • Description: NS E SHELBY DR 194.585 W OF FARONIA RD
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: 35.022694 / -90.02098
  • Subdivision: Kemmons Wilson Sc-1 Regional Final Plan
  • Property Class: Commercial
  • Zoning: CMU-2
  • County Use Code: 040

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7124
  • Cooling: Central
  • Heating: Yes

Ownership Info

1232 E Shelby Dr has no associated ownership info
1232 E Shelby Dr has no associated ownership info.

Taxes

1232 E Shelby Dr has 10 associated Taxes items

1232 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 $591,440. The APN we've located for 1232 E Shelby Dr is 07-9060-0-0003.

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Taxes
  • Assessed Value:  $591,440
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  07-9060-0-0003
  • Assessed Land Value:  394120
  • Market Land Value:  985300
  • Tax Amount:  15909.74
  • Tax Year:  2025
  • Market Value:  1478600
  • Market Year:  2025

Tax History

1232 E Shelby Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $591,440 Land Value $394,120 Improvement Value $197,320 Tax Amount $15,909.74 Change Rate +0.805053% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $8,814 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $260,000 Land Value $239,280 Improvement Value $20,720 Tax Amount $8,814 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $260,000 Land Value $239,280 Improvement Value $20,720 Tax Amount $15,838.27 Change Rate -0.565488% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $591,440 Land Value $276,600 Improvement Value $314,840 Tax Amount $36,450.74 Change Rate -0.054209% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $531,880 Land Value $276,600 Improvement Value $255,280 Tax Amount $38,539.95 Change Rate +1.267215% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $531,880 Land Value $276,600 Improvement Value $255,280 Tax Amount $16,998.81 Change Rate -0.000001% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $531,880 Land Value $276,600 Improvement Value $255,280 Tax Amount $16,998.82 Change Rate -0.023077% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $531,880 Land Value $276,600 Improvement Value $255,280 Tax Amount $17,400.36 Change Rate -0.015817% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $520,000 Land Value Improvement Value Tax Amount $17,680 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $968,720 Land Value Improvement Value Tax Amount $22,724 Change Rate +0.016253% Assessed CR Tax Rate +0.023458%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $22,360.57 Change Rate Assessed CR Tax Rate