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Property profile & analytics
OFF-MARKET
Retail space
118 Mulberry St Collierville, TN 38017-2608
Trust Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-1992935
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1898
Total area
4,268 SF
Lot
0.08 ac (3,659 SF)
Zoning code
CB
APN
C02-44 - - -00253-C
UPID
US80-1992935
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
-
Bethany Pugh, BHHS McLemore & Co. Realty Real Estate Agency
-
Mary Lynn Nicholson | Berkshire Hathaway HomeServices McLemore & Co., Realty Real Estate Agency
-
Justin and Brandy Marek Real Estate Agency
-
Erin Prather - Berkshire Hathaway HomeServices, McLemore & Co., Realty Real Estate Agency
-
Ricki Fitzpatrick, Keller Williams Realty Real Estate Agency
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
Paige,mounce Wright Livi Trust · 6 yrs held
Paige,mounce Wright Livi Trust
since 2020
6 recorded transactions
Zoning & alternative use
CB · Collierville, 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 Collierville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Collierville 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
$7,168
Tax year 2022
Assessed value
$140,280
Assessed 2023
Previous assessed
$140,280
+0.0% YoY
Effective rate
5.11%
On assessed value
Assessed land
$9,160
Assessed improvement
$131,120
Land market value
$22,900
Improvement market value
$327,800
Total market value
$350,700
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1898
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
4,268 SF
Lot
0.08 ac (3,659 SF)
Zoning code
CB
APN
C02-44 - - -00253-C
UPID
US80-1992935
Jurisdiction
SHELBY
Zoning & alternative use
CB · Collierville, TN
Zoning CB · permitted uses
CB · Collierville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Collierville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1898
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
Paige,mounce Wright Livi Trust
Trust
Free & Clear · 6 yrs held
Mailing address
2355 DUNTREATH RD, GERMANTOWN, TN 38139-5601
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2020
—
Paige,mounce Wright Livi Trust
Security Bk
Quit Claim Deed
related
—
Feb 12, 2016
$420,346
Wright,paige M Living Trust
Security Bk
Warranty Deed
—
Feb 12, 2016
—
Wright,paige M Living Trust
Security Bk
Quit Claim Deed
related
—
Sep 27, 2013
—
Security Bk
Patriot Bk
Quit Claim Deed
related
—
Sep 6, 2013
$400,000
Patriot Bk
Schubert Brett A
Trustees Deed
related
—
Feb 14, 2003
$285,000
Hart Family LP
Gh Holdings LLC
Grant Deed
$830,000 · Renasant 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.
Try Rey
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