Property profile

1001 Memorial Blvd Springfield, TN 37172

OFF-MARKET
Grocery and convenience stores
Property ID
US80-1214527
3,992 SF 0.63 ac lot Built 1997
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1997
Total area 3,992 SF
Lot 0.63 ac (27,443 SF)
APN 074080J D 03000
UPID US80-1214527

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station
  • Atm
  • Grocery & Convenience Store

Location

1001 Memorial Blvd Springfield, TN 37172-3236
Springfield metro Census 80302 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$710k
Comparable Approach Comparable
$574k
Blend (final) Blend
$575k

Owner & transaction history

since 2020
Last sale
$584,800
5 recorded transactions
2020
$584,800
2020
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $630,000 +47.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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