Shelby County property record for 1023 Cherry Rd, Memphis, TN 38117
| Property Type | Commercial Office |
|---|---|
| Details | 190,263 sqft · built 1985 |
| Lot Size | 6.58 acres (286,944 sqft) |
| Owner | 2 Company Names on Record |
| Last Sale | $6,400,000 (Oct 2009) |
| Tax Bill | $33,656 (2021) |
| Deeds & Mortgages | Sep 2019 Loan Modification |
| Flood Zone | Zone X (minimal risk) |
| APN | 05-8126-0-0028 |
| Primary APN | 05-8126-0-0028 |
|---|
| Stories | 1 Story |
|---|---|
| Building Area | 190,263 sqft Gross Area |
| 1st Floor Area | 74,963 sqft |
| Fire Sprinklers | Fire Sprinklers |
| Year Built | Built 1985 |
|---|---|
| Effective Year Built | Effective 2005 |
| Exterior Material | Combination |
| Construction Type | Steel Frame |
| Fire Resistance | Fireproof Reinforced Concrete |
| Lot Area | 286,944 sqft |
| Total Buildings | 3 Buildings |
| Cooling System | Central |
|---|---|
| Heating System | HVAC |
| Street Address | 1023 CHERRY RD |
|---|---|
| City | MEMPHIS |
| State | TN |
| Zip | 38117-5423 |
| Property Category | Commercial |
| Property Type | Commercial > Office > Commercial Office |
| Local Zoning Code | R-10 |
| Legal Description | WS CHERRY RD LEGAL CHANGE PER PB 292, PG 50. MAP 154J PER C/O 475 SEE MAP 154 J |
| Legal Subdivision | RBM CHERRY RD PARTNERS PD OUTLINE PLAN |
| Legal Lot Number | 1 |
| Jurisdiction | SHELBY TN |
| Township / Civil Division | 13 |
| Census Block Group | 4 |
| Census Block | 4000 |
| Census Tract | 11800 |
Source: Shelby County records, as of July 27, 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | 2 Company Names on Record |
|---|---|
| Mailing Address | 1023 CHERRY RD, MEMPHIS, TN 38117-5423 |
| Owner Type | Company |
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Oct 27, 2009 · Amount on Record |
| Deed Sale | Oct 27, 2009 · Amount on Record |
| Prior Sale | Apr 30, 2004 · Amount on Record |
| Deed Document Number | 2009124547 |
| Last Transfer Date | Oct 29, 2015 |
| Transfer Doc | 0000109222 |
| Record Updated | Oct 29, 2026 |
| Document Type | Loan Modification |
|---|---|
| Jurisdiction | SHELBY TN |
| Recording Date | Sep 19, 2019 |
| Property Address | 1023 CHERRY RD, MEMPHIS, TN 38117-5423 |
| Instrument Date | Sep 11, 2019 |
| Instrument | 97403 |
| Transaction Type | Mortgage |
| Record Updated | Oct 2, 2019 |
| Title Company | ATTORNEY ONLY |
| Name | Verified Name |
|---|---|
| Relationship | Limited Partnership |
| Address | PO BOX 15928 BEVERLY HILLS CA 902091928, BEVERLY HILLS, CA 90209-1928 |
| Document Number | 0000097403 |
|---|---|
| Date | Sep 19, 2019 |
| Instrument | 97403 |
| Name | FIRSTBANK |
|---|---|
| Type | Bank |
| Address | 6815 POPLAR AVE # 100, MEMPHIS, TN 38139 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Term | 84 Months |
| Due | Sep 18, 2026 |
| Rate Type | Adjustable Rate |
|---|
Source: Shelby County assessment roll, as of June 2, 2026
| Type | Name |
|---|---|
| State | Tennessee |
| County | Shelby County |
| Municipality | Memphis City |
| Unified School District | Shelby County School District (PK - 12) |
| Year | Tax Bill | Assessed Market Value |
|---|---|---|
| 2025 | $21,826,000 (+5.37%) Land $1,578,200 Building $20,247,800 | |
| 2021 | $33,656.00 | $20,712,800 Land $1,434,700 Building $19,278,100 |
Assessed market value is set for property tax purposes and is not a market price estimate.
Source: FEMA National Flood Hazard Layer, effective June 4, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Nearby Flood Claims | 3 (1978–1985) |
| Most Recent Claim | Jun 1985 · river or lake flooding |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 80% of the US · lower than 72% of Tennessee |
|---|---|
| Wildfire Likelihood | 0.04% annual chance |
| Exposure | Direct burnable vegetation |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | MEMPHIS LIGHT, GAS, & WATER serves 659,500 people · EPA ID TN0000450 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Apr 2024 |
| Lead | 5 ppb (2023–2025) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 175 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| AT&T Fiber · Fixed Wireless in parts of the area | 5,000 / 5,000 |
| Xfinity Cable | 2,000 / 250 |
| Verizon Fixed Wireless | 300 / 20 |
May also be available: T-Mobile, Ting.
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