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540 Weakley Ave; Memphis, TN Property Details

540 Weakley Ave, Memphis, TN is a Auto Repair/parts/garage that was built in 1980. This property is currently a cash purchase and is not for sale. Our records show that 540 Weakley Ave has a total of 22,922 square feet. The lot size of 540 Weakley Ave is 170,755 square feet.

Off market
540 Weakley Ave Memphis, TN 38107
$282,880 Estimated Value
22,922 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1980
  • Purchase Price: $2,000,000
  • APN: 03-9019-0-0036C
  • Situs County: Shelby
  • Length Of Ownership: 10 years

Structure

  • Building Style: Steel
  • Stories: 1
  • Exterior Wall Type: Concrete
  • Building Condition: Average
  • Building Quality: E

Measurements

  • Total: 22,922/SqFt
  • Lot: 170,755/SqFt
  • Gross: 22,922/SqFt
  • Living: 22,922/SqFt
  • Building: 22,922/SqFt
  • Ground: 17,293/SqFt
  • Price Per Square Foot: $87.25

Legal Description

  • Description: NS WEAKLEY AVE COR UNION RR NE
Building Insights

Land Information

  • Property Type: Auto repair/parts/garage
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.178314 / -90.03851
  • Subdivision: Weakley
  • Property Class: Commercial
  • Zoning: EMP
  • County Use Code: 032

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 1731
  • Cooling: None
  • Heating: Electric

Ownership Info

540 Weakley Ave has no associated ownership info
540 Weakley Ave has no associated ownership info.

Taxes

540 Weakley Ave has 10 associated Taxes items

540 Weakley 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 $282,880. The APN we've located for 540 Weakley Ave is 03-9019-0-0036C.

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Taxes
  • Assessed Value:  $282,880
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  03-9019-0-0036C
  • Assessed Land Value:  34160
  • Market Land Value:  85400
  • Tax Amount:  7609.47
  • Tax Year:  2025
  • Market Value:  707200
  • Market Year:  2025

Tax History

540 Weakley Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $282,880 Land Value $34,160 Improvement Value $248,720 Tax Amount $7,609.47 Change Rate Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $165,280 Land Value $34,160 Improvement Value $131,120 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $165,280 Land Value $34,160 Improvement Value $131,120 Tax Amount $10,068.26 Change Rate Assessed CR Tax Rate +0.060916%
Year 2022 Assessed Value $165,280 Land Value $34,160 Improvement Value $131,120 Tax Amount $10,068.26 Change Rate +0.266907% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $238,240 Land Value $34,160 Improvement Value $204,080 Tax Amount $7,947.12 Change Rate -0.543707% Assessed CR Tax Rate +0.033358%
Year 2020 Assessed Value $221,400 Land Value $34,160 Improvement Value $187,240 Tax Amount $17,416.71 Change Rate +1.061147% Assessed CR Tax Rate +0.078666%
Year 2019 Assessed Value $221,400 Land Value $34,160 Improvement Value $187,240 Tax Amount $8,450.01 Change Rate Assessed CR Tax Rate +0.038166%
Year 2018 Assessed Value $221,400 Land Value $34,160 Improvement Value $187,240 Tax Amount $8,450.01 Change Rate -0.019396% Assessed CR Tax Rate +0.038166%
Year 2017 Assessed Value $221,400 Land Value $34,160 Improvement Value $187,240 Tax Amount $8,617.15 Change Rate -0.066619% Assessed CR Tax Rate +0.038921%
Year 2016 Assessed Value $229,560 Land Value Improvement Value Tax Amount $9,232.19 Change Rate -0.079705% Assessed CR Tax Rate +0.040217%
Year 2014 Assessed Value $229,560 Land Value Improvement Value Tax Amount $10,031.77 Change Rate +0.129751% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $8,879.63 Change Rate Assessed CR Tax Rate