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1243 Ridgeway Rd; Memphis, TN Property Details

1243 Ridgeway Rd, Memphis, TN is a Shopping Center/mall that was built in 1981. This property is currently Financed and is not for sale. Our records show that 1243 Ridgeway Rd has a total of 127,151 square feet. The lot size of 1243 Ridgeway Rd is 603,924 square feet.

Off market
1225 Ridgeway Rd Memphis, TN 38119
$7,895,880 Estimated Value
127,151 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 1981
  • Purchase Price: $10,300,000
  • APN: 08-1004-0-0047
  • Situs County: Shelby
  • Length Of Ownership: 15 years, 8 months

Structure

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

Measurements

  • Total: 127,151/SqFt
  • Lot: 603,924/SqFt
  • Gross: 127,151/SqFt
  • Living: 127,151/SqFt
  • Building: 127,151/SqFt
  • Ground: 127,151/SqFt
  • Price Per Square Foot: $81.01

Legal Description

  • Description: WS RIDGEWAY RD COR PARK AVE (SW) SEE MAP 153N
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: 35.09814 / -89.86047
  • Subdivision: Park Place Sc-1 Amended Phase 1
  • Property Class: Commercial
  • Zoning: CMU-2
  • County Use Code: 039

Amenities

  • Cooling: Central
  • Heating: Yes

Ownership Info

1225 Ridgeway Rd has no associated ownership info
1225 Ridgeway Rd has no associated ownership info.

Taxes

1225 Ridgeway Rd has 10 associated Taxes items

1243 Ridgeway 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 $7,895,880. The APN we've located for 1243 Ridgeway Rd is 08-1004-0-0047.

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Taxes
  • Assessed Value:  $7,895,880
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  08-1004-0-0047
  • Assessed Land Value:  2316200
  • Market Land Value:  5790500
  • Tax Amount:  212399.17
  • Tax Year:  2025
  • Market Value:  19739700
  • Market Year:  2025

Tax History

1225 Ridgeway Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $7,895,880 Land Value $2,316,200 Improvement Value $5,579,680 Tax Amount $212,399.17 Change Rate +0.010774% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $210,135.25 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $6,198,680 Land Value $2,083,520 Improvement Value $4,115,160 Tax Amount $210,135.25 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $6,198,680 Land Value $2,083,520 Improvement Value $4,115,160 Tax Amount $377,601.25 Change Rate -0.011587% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $6,198,680 Land Value $2,083,520 Improvement Value $4,115,160 Tax Amount $382,027.69 Change Rate -0.114881% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $5,956,560 Land Value $2,083,520 Improvement Value $3,873,040 Tax Amount $431,611.5 Change Rate +1.267214% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $5,956,560 Land Value $2,083,520 Improvement Value $3,873,040 Tax Amount $190,370.83 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $5,956,560 Land Value $2,083,520 Improvement Value $3,873,040 Tax Amount $190,370.83 Change Rate -0.023077% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $5,956,560 Land Value $2,083,520 Improvement Value $3,873,040 Tax Amount $194,867.73 Change Rate +0.543488% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $3,713,280 Land Value Improvement Value Tax Amount $126,251.52 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $3,713,280 Land Value Improvement Value Tax Amount $162,270.34 Change Rate +0.106217% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $146,689.41 Change Rate Assessed CR Tax Rate