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5015 Citation Dr; Memphis, TN Property Details

5015 Citation Dr, Memphis, TN is a Warehouse that was built in 1997. This property is currently a cash purchase and is not for sale. Our records show that 5015 Citation Dr has a total of 508,104 square feet. The lot size of 5015 Citation Dr is 1,604,489 square feet.

Off market
5015 Citation Dr Memphis, TN 38118
$11,505,800 Estimated Value
508,104 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 1997
  • Purchase Price: $25,166,978
  • APN: 09-4116-A0-0022C
  • Situs County: Shelby
  • Length Of Ownership: 4 years, 5 months

Structure

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

Measurements

  • Total: 508,104/SqFt
  • Lot: 1,604,489/SqFt
  • Gross: 508,104/SqFt
  • Living: 508,104/SqFt
  • Building: 508,104/SqFt
  • Ground: 499,950/SqFt
  • Price Per Square Foot: $49.53

Legal Description

  • Description: NS HOLMES RD SEE MAP D2-53PA NS HOLMES RD
Building Insights

Land Information

  • Property Type: Warehouse
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.00952 / -89.91135
  • Subdivision: Airport Industrial Park South
  • Property Class: Industrial
  • Zoning: EMP
  • County Use Code: 092

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 7808
  • Cooling: None
  • Heating: Electric

Ownership Info

5015 Citation Dr has no associated ownership info
5015 Citation Dr has no associated ownership info.

Taxes

5015 Citation Dr has 10 associated Taxes items

5015 Citation 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 $11,505,800. The APN we've located for 5015 Citation Dr is 09-4116-A0-0022C.

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Taxes
  • Assessed Value:  $11,505,800
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  09-4116-A0-0022C
  • Assessed Land Value:  400760
  • Market Land Value:  1001900
  • Tax Amount:  309506.02
  • Tax Year:  2025
  • Market Value:  28764500
  • Market Year:  2025

Tax History

5015 Citation Dr has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $11,505,800 Land Value $400,760 Improvement Value $11,105,040 Tax Amount $309,506.03 Change Rate +0.023627% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $302,362.25 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $8,919,240 Land Value $300,560 Improvement Value $8,618,680 Tax Amount $302,362.25 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $8,919,240 Land Value $300,560 Improvement Value $8,618,680 Tax Amount $543,328 Change Rate +1.245312% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $8,919,240 Land Value $300,560 Improvement Value $8,618,680 Tax Amount $241,983.34 Change Rate +0.087943% Assessed CR Tax Rate +0.02713%
Year 2020 Assessed Value $6,959,440 Land Value $300,560 Improvement Value $6,658,880 Tax Amount $222,422.73 Change Rate Assessed CR Tax Rate +0.03196%
Year 2019 Assessed Value $6,959,440 Land Value $300,560 Improvement Value $6,658,880 Tax Amount $222,422.73 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $6,959,440 Land Value $300,560 Improvement Value $6,658,880 Tax Amount $222,422.72 Change Rate -0.023077% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $6,959,440 Land Value $300,560 Improvement Value $6,658,880 Tax Amount $227,676.75 Change Rate +0.232973% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $5,431,080 Land Value Improvement Value Tax Amount $184,656.73 Change Rate +1.435835% Assessed CR Tax Rate +0.034%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $75,808.38 Change Rate Assessed CR Tax Rate