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5178 Citation Dr; Memphis, TN Property Details

5178 Citation Dr, Memphis, TN is a General that was built in 2024. This property is currently a cash purchase and is not for sale. Our records show that 5178 Citation Dr has a total of 1,125 square feet. The lot size of 5178 Citation Dr is 596,336 square feet.

Off market
5178 Citation Dr Memphis, TN 38118
$1,489,560 Estimated Value
1,125 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2024
  • Purchase Price: $1,000,000
  • Open Loans / Balance: 1 / $4,750,987
  • APN: 09-4200-0-0559
  • Situs County: Shelby
  • Length Of Ownership: 3 years, 7 months

Structure

  • Building Style: Steel
  • Stories: 1
  • Exterior Wall Type: Metal
  • Building Condition: Very Good
  • Building Quality: C

Measurements

  • Total: 1,125/SqFt
  • Lot: 596,336/SqFt
  • Gross: 1,125/SqFt
  • Living: 1,125/SqFt
  • Building: 1,125/SqFt
  • Ground: 1,125/SqFt
  • Price Per Square Foot: $888.89

Legal Description

  • Description: NS HOLMES RD SEE MAP 228B
Building Insights

Land Information

  • Property Type: General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.00671 / -89.90578
  • Property Class: Commercial
  • Zoning: EMP
  • County Use Code: 001

Amenities

  • Cooling: Central
  • Heating: Yes

Ownership Info

5178 Citation Dr has no associated ownership info
5178 Citation Dr has no associated ownership info.

Taxes

5178 Citation Dr has 10 associated Taxes items

5178 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 $1,489,560. The APN we've located for 5178 Citation Dr is 09-4200-0-0559.

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Taxes
  • Assessed Value:  $1,489,560
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  09-4200-0-0559
  • Assessed Land Value:  264680
  • Market Land Value:  661700
  • Tax Amount:  40069.16
  • Tax Year:  2025
  • Market Value:  3723900
  • Market Year:  2025

Tax History

5178 Citation Dr has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,489,560 Land Value $264,680 Improvement Value $1,224,880 Tax Amount $40,069.16 Change Rate +4.953963% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $6,729.83 Change Rate -0.079392% Assessed CR Tax Rate
Year 2023 Assessed Value $215,640 Land Value $215,640 Improvement Value Tax Amount $7,310.2 Change Rate -0.223577% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $154,560 Land Value $154,560 Improvement Value Tax Amount $9,415.23 Change Rate -0.291555% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $215,640 Land Value $215,640 Improvement Value Tax Amount $13,290 Change Rate +0.321411% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $138,800 Land Value $138,800 Improvement Value Tax Amount $10,057.43 Change Rate +0.151603% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $215,640 Land Value $215,640 Improvement Value Tax Amount $8,733.42 Change Rate Assessed CR Tax Rate +0.0405%
Year 2018 Assessed Value $215,640 Land Value $215,640 Improvement Value Tax Amount $8,733.42 Change Rate Assessed CR Tax Rate +0.0405%