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Property profile & analytics
FOR SALE
Bars & Pubs

1109 Springdale St Memphis, TN 38108

1,560 SF 0.08 ac lot Built 1945
Individually Owned Free & Clear
Property ID
US80-1739978
Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1945
Total area 1,560 SF
Lot 0.08 ac (3,267 SF)
Zoning code CMU-1
APN 041-034- - -00027
UPID US80-1739978
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
$125k
Owner & transaction history
Kevin Vega
Kevin Vega
since 2025
Last sale
$50,000
5 recorded transactions
2025
$50,000
2022
$20,000
2012
Price N/A
2011
$27,000
2009
Price N/A
Zoning & alternative use
CMU-1 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

PRINCIPAL USE R6 RU-1 RU-3 CMU-1 CMU-2 CMP-2 Woodworking, including Cabinet Makers and Furniture Manufacturing □ ■ Warehouse □ □ Recycling Drop-off Facility □ □ □ Neighborhood Garden ■ ■ ■ ■ ■ ■ Planned Development1 □ □ □ 1. Planned Developments approved prior to the adoption of the University District Overlay (July 22, 2009) are not affected. Definitions Fo…

Zone name Commercial Mixed Use 1
General category MIXED_USE
Zone area 3,556.17 ac
Source CHAPTER 1
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