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Property profile & analytics
OFF-MARKET Estimated value $220,000
Office Spaces

109 Main St C8 Memphis, TN 38103-5000

5,011 SF 0.11 ac lot Built 1927
Entity Owned 2-yr Hold Free & Clear
Property ID
US80-1590830
Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1927
Total area 5,011 SF
Lot 0.11 ac (5,009 SF)
Zoning code CBD
APN 002-007- -A-00166
UPID US80-1590830
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
  • Hot Dog Man Restaurant
  • SFAX Limousine Service Limousine Service
  • Willie Moore's Restaurant Restaurant
  • 901 Investments Real Estate Agency
  • Claridge House Condominiums Condominium Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k
Owner & transaction history
Usbet LLC · 2 yrs held
Usbet LLC
since 2024
Last sale
$125,000
5 recorded transactions
2024
$125,000
2017
$155,000
2016
Price N/A
2011
$294,000
2007
$460,000
Zoning & alternative use
CBD · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C. CBD: Central Business District. D. CMCS: Commercial Mobile Communications Services. E. DBH: Diameter Breast Height. F. FAA: Federal Aviation Administration G. LEED: Leadership in Energy and Environmental Design. H. LUCB: The Memphis and Shelby County Land Use Control Board. I. MLGW: Memphis Light, Gas and Water. J. MOC: Memorandum of Conformance K. MPO: M…

Zone name Central Business District
General category CIVIC_INSTITUTIONAL
Zone area 323.60 ac
Source CHAPTER 1
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