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Property profile & analytics
OFF-MARKET Estimated value $60,000
Drive through restaurants

1323 Getwell Rd Memphis, TN 38111-7225

1,122 SF 0.42 ac lot Built 1976
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US80-0506835
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1976
Construction FRAME
Total area 1,122 SF
Lot 0.42 ac (18,252 SF)
Zoning code CMU-1
APN 058-075- - -00187
UPID US80-0506835
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
  • Baleadas Express Almas Restaurant
  • Restaurant Casa Honduras Restaurant
  • Casa Honduras Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$60k
Owner & transaction history
Getwell Investments LLC · 2 yrs held
Getwell Investments LLC
since 2023
Last sale
$63,322
4 recorded transactions
2023
Price N/A
2010
$63,322
1969
Price N/A
1969
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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