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Property profile & analytics
FOR SALE
Commercial land
Us Highway 64 Memphis, TN 38133
Trust Owned
Property ID
US80-1603117
For Sale
$950,000
Us Highway 64, Memphis, TN 38133
View Listing →
Property summary
AI-generated overview
600ft of frontage on Highway 64 26,561 vehicles per day
Property profile
Verified
Property type
Commercial land
UPID
US80-1603117
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
M Kyle Rice 2019 Trust
M Kyle Rice 2019 Trust
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Memphis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Memphis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Status
For Sale
UPID
US80-1603117
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Current owner
From public records · entity-resolved
M Kyle Rice 2019 Trust
Trust
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2025
—
M Kyle Rice 2019 Trust
Fletcher E Haaga
Deed
related
—
Sep 9, 2025
$1,742,000
Ttreb LLC
Bentley Properties
Special Warranty Deed
—
Jan 8, 2025
—
Robert M Halle
Estate Of Myron Halle
Deed
related
—
Feb 9, 2023
$90,000
Hooman Oktaei INC
American Properties Co Gp
Special Warranty Deed
—
May 25, 2022
$167,000
Hamed Elkhayyat
William R Powell JR
Warranty Deed
—
Mar 16, 2022
—
Countryside Center LLC
—
Deed
related
$2,550,000 · Standard Insurance Co
Dec 18, 2020
—
William R Powell
—
Deed
related
$90,000 · Patriot Bk
Oct 19, 2020
—
William R Powell
—
Deed
related
$68,252 · Patriot Bk
Jan 14, 2020
—
William R Powell
—
Deed
related
$204,800 · Patriot Bk
Jul 8, 2019
$200,000
Dung Duong
American Properties Co Gp
Grant Deed
—
May 3, 2019
—
William R Powell
—
Deed
related
$40,989 · Patriot Bk
Oct 5, 2018
—
Halle,f & Trust
Halle,david P JR & Toni M
Quitclaim Deed
related
—
Sep 25, 2018
—
Halle Investment Co
—
Deed
related
$1,400,000 · First Nat'l Bk/estrn Ar
Jul 27, 2018
$140,000
Mcdonalds Real Estate Co
Highway 64 Ents LLC
Warranty Deed
—
Jun 22, 2018
—
William R Powell
—
Trust Deed
related
$140,638 · Patriot Bk
Jul 17, 2017
—
William R Powell JR
Rowell,joe M
Quitclaim Deed
related
—
Apr 25, 2017
$90,000
American Properties Co Gp
Seed Corn LLC
Warranty Deed
—
Jan 4, 2017
$100,000
Joe M Rowell
Powell,william R JR
Warranty Deed
$100,000 · William R JR Powell
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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