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641 Phelan Ave; Memphis, TN Property Details

641 Phelan Ave, Memphis, TN is a Warehouse that was built in 1961. This property is currently Financed and is not for sale. Our records show that 641 Phelan Ave has a total of 115,639 square feet. The lot size of 641 Phelan Ave is 136,081 square feet.

Off market
641 Phelan Ave Memphis, TN 38126
$622,160 Estimated Value
115,639 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Corporate
  • Owner Status: Corporate
  • Year Built: 1961
  • Purchase Price: $2,000,000
  • Open Loans / Balance: 1 / $213,174
  • APN: 01-1019-0-0003
  • Situs County: Shelby
  • Length Of Ownership: 4 years, 7 months

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Concrete
  • Building Condition: Average
  • Building Quality: C

Measurements

  • Total: 115,639/SqFt
  • Lot: 136,081/SqFt
  • Gross: 115,639/SqFt
  • Living: 115,639/SqFt
  • Building: 115,639/SqFt
  • Ground: 90,799/SqFt
  • Price Per Square Foot: $17.30

Legal Description

  • Description: SS PHELAN
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: 35.126537 / -90.04017
  • Subdivision: The Railroad Avenue Area
  • Property Class: Industrial
  • Zoning: EMP
  • County Use Code: 092

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 4005
  • Cooling: Central
  • Heating: Electric

Ownership Info

641 Phelan Ave has no associated ownership info
641 Phelan Ave has no associated ownership info.

Taxes

641 Phelan Ave has 10 associated Taxes items

641 Phelan 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 $622,160. The APN we've located for 641 Phelan Ave is 01-1019-0-0003.

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Taxes
  • Assessed Value:  $622,160
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  01-1019-0-0003
  • Assessed Land Value:  125080
  • Market Land Value:  312700
  • Tax Amount:  16736.1
  • Tax Year:  2025
  • Market Value:  1555400
  • Market Year:  2025

Tax History

641 Phelan Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $622,160 Land Value $125,080 Improvement Value $497,080 Tax Amount $16,736.1 Change Rate -0.033647% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $17,318.83 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $510,880 Land Value $89,840 Improvement Value $421,040 Tax Amount $17,318.83 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $510,880 Land Value $89,840 Improvement Value $421,040 Tax Amount $31,120.97 Change Rate +1.245311% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $510,880 Land Value $89,840 Improvement Value $421,040 Tax Amount $13,860.43 Change Rate -0.534498% Assessed CR Tax Rate +0.027131%
Year 2020 Assessed Value $410,920 Land Value $89,840 Improvement Value $321,080 Tax Amount $29,775.21 Change Rate +1.267214% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $410,920 Land Value $89,840 Improvement Value $321,080 Tax Amount $13,132.95 Change Rate +0.000001% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $410,920 Land Value $89,840 Improvement Value $321,080 Tax Amount $13,132.94 Change Rate -0.023077% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $410,920 Land Value $89,840 Improvement Value $321,080 Tax Amount $13,443.17 Change Rate +0.172698% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $337,160 Land Value Improvement Value Tax Amount $11,463.45 Change Rate -0.221967% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $337,160 Land Value Improvement Value Tax Amount $14,733.89 Change Rate +0.174949% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $12,540.03 Change Rate Assessed CR Tax Rate