Technical
Financial
Distress signals
Property profile

1124 Mississippi Blvd Memphis, TN 38126

OFF-MARKET
Retail space
Property ID
US80-3202825
1,300 SF 0.3 ac lot Built 1928
Individually Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1928
Total area 1,300 SF
Lot 0.3 ac (12,894 SF)
Zoning code CMP-1
APN 014-023- - -00061-C
UPID US80-3202825

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
  • Hair Salon Nail Salon

Location

1124 Mississippi Blvd Memphis, TN 38126-6610
Memphis metro Census 11600 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2006
2 recorded transactions
2006
$50,000
2006
Price N/A

Zoning & alternative use

CMP-1 · Memphis, TN
Zoning description

1. Campus Master Plan - 1 (CMP-1) The CMP-1 District is intended to accommodate new development where the land -use pattern is predominately urban in character. New development should be urban in character with an emphas…

General category MIXED_USE

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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