Shelby County property record for 5650 Challenge Dr, Memphis, TN 38115
| Property Type | Warehouse, Storage |
|---|---|
| Details | 427,500 sqft · built 1995 |
| Lot Size | 19.4 acres (848,856 sqft) |
| Owner | Company Name on Record |
| Last Sale | $25,482,181 (Nov 2021) |
| Tax Bill | $248,324 (2025) |
| Deeds & Mortgages | Jan 2022 Mortgage Nov 2025 Mortgage + 7 more |
| Flood Zone | Zone X (minimal risk) |
| APN | 09-3400-0-0543 |
| Primary APN | 09-3400-0-0543 |
|---|
| Units | 2 Units |
|---|---|
| Stories | 1 Story |
| Building Area | 427,500 sqft Gross Area |
| 1st Floor Area | 420,000 sqft |
| Fire Sprinklers | Fire Sprinklers |
| Year Built | Built 1995 |
|---|---|
| Effective Year Built | Effective 1995 |
| Exterior Material | Concrete |
| Construction Type | Frame |
| Fire Resistance | Fireproof Reinforced Concrete |
| Lot Area | 848,856 sqft |
| Loading Dock | Loading Dock |
| Cooling System | None |
|---|---|
| Heating Fuel | Electric |
| Street Address | 5650 CHALLENGE DR |
|---|---|
| City | MEMPHIS |
| State | TN |
| Zip | 38115-5016 |
| Property Category | Industrial |
| Property Type | Industrial > Warehouse, Storage |
| Local Zoning Code | EMP |
| Legal Description | NS CHALLENCE DR |
| Legal Subdivision | MEMPHIS DISTRIBUTION CENTER PD PHASE 2 |
| Legal Lot Number | 3 |
| Jurisdiction | SHELBY TN |
| Township / Civil Division | 11 |
| Census Block Group | 1 |
| Census Block | 1005 |
| Census Tract | 21731 |
Source: Shelby County records, as of June 2, 2026
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Owner of Record | Company Name on Record |
|---|---|
| Mailing Address | 100 PEABODY PL, 1100, MEMPHIS, TN 38103-3652 |
| Owner Type | Company |
| Vesting | Company |
| Date | Document |
|---|---|
| Jan 13, 2022 | Deed of Trust, Mortgage · Commercial Mortgage MORGAN STANLEY BANK NA |
| Nov 14, 2025 | Intrafamily Transfer, Transfer · Commercial Mortgage BANK OF AMERICA NA |
| Nov 18, 2025 | Special Warranty Deed, Transfer |
| Nov 24, 2021 | Special Warranty Deed, Transfer |
| Nov 12, 2020 | Deed of Trust, Mortgage MISCELLANEOUS INS CO |
| Jul 25, 2019 | Quit Claim Deed, Transfer ATTORNEY ONLY |
| Dec 12, 2018 | Loan Modification, Mortgage · Line of Credit BANK OF AMERICA |
| Oct 3, 2017 | Grant Deed, Transfer LAND SERVICES USA INC, LAND SVCS USA INC |
| Oct 3, 2017 | Grant Deed, Construction Loan · Line of Credit BANK OF AMERICA |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Nov 24, 2021 · Amount on Record |
| Deed Sale | Nov 24, 2021 · Amount on Record |
| Prior Sale | Jan 25, 2016 · Amount on Record |
| Deed Document Number | 2021146469 |
| Last Transfer Date | Nov 7, 2025 |
| Transfer Doc | 0000098480 |
| Record Updated | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | SHELBY TN |
| Property Address | 5650 CHALLENGE DR, MEMPHIS, TN 38115-5016 |
| Transaction Type | Mortgage |
| Record Updated | Dec 3, 2025 |
| Name | Verified Name |
|---|---|
| Investor | Possibly a Property Investor |
| Document Number | 0022005734 |
|---|---|
| Date | Jan 13, 2022 |
| Instrument | 22005734 |
| Name | MORGAN STANLEY BANK NA |
|---|---|
| Type | Bank |
| Address | NEW YORK, NY 10036 |
| Type | Commercial Mortgage |
|---|---|
| Term | 58 Months |
| Due | Nov 9, 2026 |
| Document Type | Intrafamily Transfer |
|---|---|
| Jurisdiction | SHELBY TN |
| Recording Date | Nov 14, 2025 |
| Property Address | 5650 CHALLENGE DR, MEMPHIS, TN 38115-5016 |
| Document Number | 0025098480 |
| Map Reference | MB 163 PG 26 |
| Instrument Date | Nov 7, 2025 |
| Instrument | 25098480 |
| Transaction Type | Transfer |
| Record Updated | Dec 3, 2025 |
| Title Company | LAND SERVICES USA INC, LAND SERVICES USA LLC |
| Tax | $0.00 |
|---|---|
| Amount Accuracy | No Consideration Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 100 MATSONFORD RD # 250, 250, RADNOR, PA 19087-4558 |
| Document Number | 0025101336 |
|---|---|
| Date | Nov 14, 2025 |
| Instrument | 25101336 |
| Name | BANK OF AMERICA NA |
|---|---|
| Type | Bank |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Document Type | Special Warranty Deed |
|---|---|
| Jurisdiction | SHELBY TN |
| Recording Date | Nov 18, 2025 |
| Property Address | 5650 CHALLENGE DR, MEMPHIS, TN 38115-5016 |
| Document Number | 0025099235 |
| Map Reference | MB 163 PG 26 |
| Instrument Date | Oct 30, 2025 |
| Instrument | 25099235 |
| Transaction Type | Transfer |
| Record Updated | Nov 27, 2025 |
| Tax | $0.00 |
|---|---|
| Amount Accuracy | No Consideration Stated |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 100 W MATSONFORD RD # 250, 250, WAYNE, PA 19087-4558 |
| Name | Verified Name |
|---|---|
| Address | 100 PEABODY PL STE 1100, 1100, MEMPHIS, TN 38103-3652 |
| Document Type | Special Warranty Deed |
|---|---|
| Jurisdiction | SHELBY TN |
| Recording Date | Nov 24, 2021 |
| Property Address | 5650 CHALLENGE DR, MEMPHIS, TN 38115-5016 |
| Document Number | 0021146469 |
| Instrument Date | Nov 24, 2021 |
| Instrument | 21146469 |
| Transaction Type | Transfer |
| Record Updated | Nov 24, 2025 |
| Amount | Amount Recorded |
|---|---|
| Tax | $94,284.07 |
| Amount Accuracy | Full Amount Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 101 W ELM ST STE 600, 600, CONSHOHOCKEN, PA 19428-2075 |
| Mail Care Of | EQT EXETER |
| Investor | Possibly a Property Investor |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | SHELBY TN |
| Property Address | 5650 CHALLENGE DR, MEMPHIS, TN 38115-5016 |
| Document Number | 0020128259 |
| Instrument Date | Nov 12, 2020 |
| Transaction Type | Mortgage |
| Record Updated | Nov 26, 2020 |
| Title Company | ATTORNEY ONLY |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 101 W ELM ST #600 CONSHOHOCKEN PA 194282075, 600, CONSHOHOCKEN, PA 19428-2075 |
| Document Number | 0020128259 |
|---|---|
| Date | Nov 18, 2020 |
| Instrument | 20128259 |
| Name | MISCELLANEOUS INS CO |
|---|---|
| Address | NEW YORK, NY 10010-1603 |
| Amount | Amount Recorded |
|---|
| Document Type | Quit Claim Deed |
|---|---|
| Jurisdiction | SHELBY TN |
| Recording Date | Jul 25, 2019 |
| Property Address | 5650 CHALLENGE DR, MEMPHIS, TN 38115-5016 |
| Document Number | 0000075036 |
| Instrument Date | Dec 31, 2018 |
| Instrument | 75036 |
| Transaction Type | Transfer |
| Record Updated | Aug 1, 2019 |
| Title Company | ATTORNEY ONLY |
| Tax | $0.00 |
|---|---|
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 5750 CHALLENGE DR MEMPHIS TN 381155012, MEMPHIS, TN 38115-5012 |
| Document Type | Loan Modification |
|---|---|
| Jurisdiction | SHELBY TN |
| Recording Date | Dec 12, 2018 |
| Property Address | 5650 CHALLENGE DR, MEMPHIS, TN 38115-5016 |
| Instrument Date | Nov 30, 2018 |
| Instrument | 126641 |
| Transaction Type | Mortgage |
| Record Updated | Jan 2, 2019 |
| Title Company | LAND SERVICES USA INC, LAND SVCS USA INC |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 101 W ELM ST #600 CONSHOHOCKEN PA 194282075, 600, CONSHOHOCKEN, PA 19428-2075 |
| Document Number | 0000126641 |
|---|---|
| Date | Dec 12, 2018 |
| Instrument | 126641 |
| Name | BANK OF AMERICA |
|---|---|
| Type | Bank |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|
| Document Type | Grant Deed |
|---|---|
| Jurisdiction | SHELBY TN |
| Recording Date | Oct 3, 2017 |
| Property Address | 5650 CHALLENGE DR, MEMPHIS, TN 38115-5016 |
| Document Number | 0000101908 |
| Instrument Date | Sep 29, 2017 |
| Instrument | 101908 |
| Transaction Type | Transfer |
| Record Updated | Oct 12, 2017 |
| Title Company | LAND SERVICES USA INC, LAND SVCS USA INC |
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 100 PEABODY PL #1100 MEMPHIS TN 381033652, 1100, MEMPHIS, TN 38103-3652 |
| Document Type | Grant Deed |
|---|---|
| Jurisdiction | SHELBY TN |
| Recording Date | Oct 3, 2017 |
| Property Address | 5650 CHALLENGE DR, MEMPHIS, TN 38115-5016 |
| Instrument Date | Sep 29, 2017 |
| Instrument | 101910 |
| Transaction Type | Construction Loan |
| Record Updated | Aug 25, 2018 |
| Title Company | LAND SERVICES USA INC, LAND SVCS USA INC |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 101 W ELM ST #600 CONSHOHOCKEN PA 194282075, 600, CONSHOHOCKEN, PA 19428-2075 |
| Document Number | 0000101910 |
|---|---|
| Date | Oct 3, 2017 |
| Instrument | 101910 |
| Name | BANK OF AMERICA |
|---|---|
| Type | Bank |
| Address | 100 S CHARLES ST 3RD, BALTIMORE, MD 21201 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| 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 Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $248,324.00 (-59.15%) | $9,231,400 (+29.07%) Land $329,120 Building $8,902,280 | $23,078,500 (+29.07%) Land $822,800 Building $22,255,700 |
| 2024 | $607,924.00 (+39.53%) | ||
| 2023 | $7,152,400 Land $274,280 Building $6,878,120 | ||
| 2022 | $435,698.00 | ||
| 2021 | $17,881,000 Land $685,700 Building $17,195,300 |
Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.
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 Policies | 1 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.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
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 25 locations within half a mile, as of December 31, 2025
| Provider | Max 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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