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1240 Williams Ave; Memphis, TN Property Details

1240 Williams Ave, Memphis, TN is a Warehouse that was built in 1943. This property is currently Financed and is not for sale. Our records show that 1240 Williams Ave has a total of 40,562 square feet. The lot size of 1240 Williams Ave is 42,406 square feet.

Off market
1226 Williams Ave Memphis, TN 38104
$121,040 Estimated Value
40,562 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 1943
  • Purchase Price: $220,000
  • Open Loans / Balance: 1 / $89,996
  • APN: 01-5015-0-0014
  • Situs County: Shelby
  • Length Of Ownership: 8 years, 9 months

Structure

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

Measurements

  • Total: 40,562/SqFt
  • Lot: 42,406/SqFt
  • Gross: 40,562/SqFt
  • Living: 40,562/SqFt
  • Building: 40,562/SqFt
  • Ground: 38,078/SqFt
  • Price Per Square Foot: $5.42

Legal Description

  • Description: AND LOT 11 & 12 ES WILLIAMS TO RR CO PROPERITY & SS & SS UNION RR CO TO ALLEY
Building Insights

Land Information

  • Property Type: Warehouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.12197 / -90.02066
  • Subdivision: Heistan
  • Property Class: Industrial
  • Zoning: IH
  • County Use Code: 092

Amenities

  • Heating Fuel Type: Electric
  • Cooling: None
  • Heating: Electric

Ownership Info

1226 Williams Ave has no associated ownership info
1226 Williams Ave has no associated ownership info.

Taxes

1226 Williams Ave has 10 associated Taxes items

1240 Williams 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 $121,040. The APN we've located for 1240 Williams Ave is 01-5015-0-0014.

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Taxes
  • Assessed Value:  $121,040
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  01-5015-0-0014
  • Assessed Land Value:  50680
  • Market Land Value:  126700
  • Tax Amount:  3255.98
  • Tax Year:  2025
  • Market Value:  302600
  • Market Year:  2025

Tax History

1226 Williams Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $121,040 Land Value $50,680 Improvement Value $70,360 Tax Amount $3,255.98 Change Rate -0.031007% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,360.17 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $99,120 Land Value $30,760 Improvement Value $68,360 Tax Amount $3,360.17 Change Rate -0.443499% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $99,120 Land Value $30,760 Improvement Value $68,360 Tax Amount $6,038.03 Change Rate -0.011587% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $99,120 Land Value $30,760 Improvement Value $68,360 Tax Amount $6,108.81 Change Rate +0.011836% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $83,320 Land Value $30,760 Improvement Value $52,560 Tax Amount $6,037.35 Change Rate +1.267226% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $83,320 Land Value $30,760 Improvement Value $52,560 Tax Amount $2,662.88 Change Rate -0.000004% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $83,320 Land Value $30,760 Improvement Value $52,560 Tax Amount $2,662.89 Change Rate -0.023079% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $83,320 Land Value $30,760 Improvement Value $52,560 Tax Amount $2,725.8 Change Rate +0.068937% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $75,000 Land Value Improvement Value Tax Amount $2,550.01 Change Rate -0.221965% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $75,000 Land Value Improvement Value Tax Amount $3,277.5 Change Rate +0.302306% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $2,516.69 Change Rate Assessed CR Tax Rate