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Property profile & analytics
OFF-MARKET
Day care centers
1073 Cooper St Memphis, TN 38104-5650
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-3435180
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1955
Total area
2,460 SF
Lot
0.23 ac (9,975 SF)
Zoning code
CMU-1
APN
031-119- - -00014
UPID
US80-3435180
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
-
Bb Fresh Start Child Care Center Daycare Center Foster Care Service
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
Bailey Sneed Investments Gp · 1 yrs held
Bailey Sneed Investments Gp
since 2024
Last sale
$400,000
7 recorded transactions
Zoning & alternative use
CMU-1 · 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
—
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
$5,117
Tax year 2022
Assessed value
$84,000
Assessed 2023
Previous assessed
$84,000
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$26,960
Assessed improvement
$57,040
Land market value
$67,400
Improvement market value
$142,600
Total market value
$210,000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1955
Heating
SPACE
Cooling
NONE
Stories
1
Total area
2,460 SF
Lot
0.23 ac (9,975 SF)
Zoning code
CMU-1
APN
031-119- - -00014
UPID
US80-3435180
Jurisdiction
SHELBY
Zoning & alternative use
CMU-1 · Memphis, TN
Zoning CMU-1 · permitted uses
CMU-1 · 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
1955
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Bailey Sneed Investments Gp
Entity
Mailing address
1073 S COOPER ST, MEMPHIS, TN 38104-5650
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2024
$400,000
Bailey Sneed Investments Gp
1073 S Cooper LLC
Warranty Deed
$360,000 · First Horizon Bank
Nov 20, 2018
$210,000
1073 S Cooper LLC
Rasberry,james
Grant Deed
$230,000 · Commercial Bk
May 4, 2016
$86,000
James Rasberry
Campbell L Hunt|james,bret S & Jennifer D
Trustees Deed
—
Jan 8, 2004
$104,000
Bret S James
Cherry,michael W & Tanya L
Grant Deed
—
Aug 20, 1999
$107,500
Michael W Cherry
Cooper Street Storage Ctr LLC
Grant Deed
$86,000 · Trustmark National Bank
—
—
Bret S James
—
Deed Of Trust
related
$112,000 · First Alliance Bank Fsb
—
—
Bret S James
—
Deed Of Trust
related
$112,000 · First Alliance Bank Fsb
—
—
Bret S James
—
Deed Of Trust
related
$112,000 · First Alliance Bank Fsb
—
—
Michael W Cherry
—
Deed Of Trust
related
$94,400 · Bancorp South 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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