5625 Challenge Dr, Memphis, TN 38115 Property Records

Shelby County property record for 5625 Challenge Dr, Memphis, TN 38115

Property Summary

Property TypeWarehouse, Storage
Details592,766 sqft · built 1998
Lot Size26.7 acres (1,165,666 sqft)
OwnerCompany Name on Record
Tax Bill$304,023 (2025)
Deeds & MortgagesJan 2022 Mortgage
Jan 2024 Transfer
+ 2 more
Flood ZoneZone X (minimal risk)
APN09-3400-0-0565

Property Details

APN / Parcel Number

Primary APN09-3400-0-0565

Interior

Stories1 Story
Building Area592,766 sqft Gross Area
1st Floor Area584,644 sqft
Overhead DoorOverhead Door
Fire SprinklersFire Sprinklers

Exterior

Year BuiltBuilt 1998
Effective Year BuiltEffective 1998
Exterior MaterialConcrete
Construction TypeFrame
Fire ResistanceFireproof Reinforced Concrete
Lot Area1,165,666 sqft
Canopy2,240 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating FuelElectric

Location & Zoning

Street Address5625 CHALLENGE DR
CityMEMPHIS
StateTN
Zip38115-5029
Property CategoryIndustrial
Property TypeIndustrial > Warehouse, Storage
Local Zoning CodeEMP
Legal DescriptionNS RAINS RD COR CLARKE RD (NE) SEE MAP 198I
Legal SubdivisionMEMPHIS DISTRIBUTION CENTER PD PHASE 13
JurisdictionSHELBY TN
Township / Civil Division11
Census Block Group1
Census Block1014
Census Tract21731

Owner

Source: Shelby County records, as of June 2, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address5625 CHALLENGE DR, MEMPHIS, TN 38115-5029
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Jan 12, 2022Deed of Trust, Mortgage · Commercial Mortgage
SOCIETE GENERALE
Jan 10, 2024Quit Claim Deed, Transfer
Quitclaim
Sep 26, 2019Deed of Trust, Mortgage
CITI R/E FNDG INC
Sep 16, 2019Grant Deed, Transfer
ATTORNEY ONLY

Assessor's Deed Record

Deed NamesName on Deed
Last Transfer DateMar 31, 2023
Transfer Doc0000002685
Record UpdatedSep 20, 2026

January 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSHELBY TN
Property Address5625 CHALLENGE DR, MEMPHIS, TN 38115-5029
Transaction TypeMortgage
Record UpdatedJul 21, 2023

Transferred To (Grantee/Buyer)

NameVerified Name
InvestorPossibly a Property Investor

Mortgage

Document Number0022005318
DateJan 12, 2022
Instrument22005318
Lender
NameSOCIETE GENERALE
TypeNon-Lending Institution
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

January 2024: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionSHELBY TN
Recording DateJan 10, 2024
Property Address5625 CHALLENGE DR, MEMPHIS, TN 38115-5029
Document Number0024002685
Map ReferenceMB 167 PG 11
Instrument DateMar 31, 2023
Instrument24002685
Transaction TypeTransfer
Record UpdatedJan 17, 2024

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Quitclaim
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address5625 CHALLENGE DR, MEMPHIS, TN 38115-5029

September 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSHELBY TN
Property Address5625 CHALLENGE DR, MEMPHIS, TN 38115-5029
Document Number0000103545
Instrument DateSep 26, 2019
Transaction TypeMortgage
Record UpdatedOct 18, 2019
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address345 PARK AVE NEW YORK NY 101540004, NEW YORK, NY 10154-0004

Mortgage

Document Number0000103545
DateOct 4, 2019
Instrument103545
Lender
NameCITI R/E FNDG INC
AddressNEW YORK, NY 10013
Agreement
Term60 Months
DueOct 3, 2024

September 2019: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionSHELBY TN
Recording DateSep 16, 2019
Property Address5625 CHALLENGE DR, MEMPHIS, TN 38115-5029
Document Number0000095221
Instrument DateMay 18, 2019
Instrument95221
Transaction TypeTransfer
Record UpdatedSep 24, 2019
Title CompanyATTORNEY ONLY

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany

Tax Assessment & Valuation

Source: Shelby County assessment roll, as of June 2, 2026

Property Jurisdictions

TypeName
StateTennessee
CountyShelby County
MunicipalityMemphis City
Unified School DistrictShelby County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$304,023.00 (-4.47%)$11,302,000 Land $443,160 Building $10,858,840$28,255,000 (+14.45%) Land $1,107,900 Building $27,147,100
2024$318,236.00 (+172.43%)
2021$116,816.00$24,688,200 Land $923,300 Building $23,764,900

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective June 4, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies1 in force

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.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 99.1% of the US · lower than 99.2% of Tennessee
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemMEMPHIS LIGHT, GAS, & WATER
serves 659,500 people · EPA ID TN0000450
Water SourceGroundwater
Last State InspectionApr 2024
Lead5 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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.

Internet Providers

Source: FCC Broadband Data Collection, based on 25 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · DSL · Fixed Wireless in parts of the area
5,000 / 5,000
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

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