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Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Truck terminals
1046 Arkansas St Memphis, TN 38106-2517
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US80-0149407
Property profile
Verified
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Year built
1957
Total area
24,349 SF
Lot
4.16 ac (181,297 SF)
Zoning code
IH
APN
012-031- - -00010
UPID
US80-0149407
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
Current use
Occupant on record · Public records
-
NDS Trucking Company
-
Wall Street System Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$875k
Owner & transaction history
Henco Land LLC · 13 yrs held
Henco Land LLC
since 2013
7 recorded transactions
Zoning & alternative use
IH · Memphis, TN
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
$36 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$36,365
Tax year 2022
Assessed value
$596,960
Assessed 2023
Previous assessed
$596,960
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$63,880
Assessed improvement
$533,080
Land market value
$159,700
Improvement market value
$1,332,700
Total market value
$1,492,400
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
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Status
Off-Market
Year built
1957
Heating
SPACE
Cooling
NONE
Stories
1
Total area
24,349 SF
Lot
4.16 ac (181,297 SF)
Zoning code
IH
APN
012-031- - -00010
UPID
US80-0149407
Jurisdiction
SHELBY
Zoning & alternative use
IH · Memphis, TN
Zoning IH · permitted uses
IH · Memphis, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Memphis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Heating
SPACE
Cooling
Yes
Stories
1
Lot
4.16 ac
Current owner
From public records · entity-resolved
Henco Land LLC
Entity
Mailing address
1081 ARKANSAS ST, MEMPHIS, TN 38106-2516
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2013
$825,000
Henco Land LLC
Dehart Business Park LLC
Warranty Deed
$500,000 · Renasant Bank
Feb 5, 2007
—
Dehart Business Park LLC
Dehart Capital LLC
Quit Claim Deed
related
—
Jul 17, 2006
$350,000
Henco Land LLC
Dehart Capital LLC
Grant Deed
—
Mar 9, 2006
—
Dehart Capital LLC
Nat Sei LLC
Quit Claim Deed
related
$950,000 · Renasant Bank
Mar 9, 2006
$750,000
Dehart Capital LLC
Caleast Nat LLC
Grant Deed
related
—
Aug 25, 2004
$500,000
Caleast Nat LLC
Nat Sei LLC
Grant Deed
related
—
—
—
Henco Land LLC
—
Deed Of Trust
related
$340,000 · Regions Bank
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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