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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Retail space
136 Webster Ave Memphis, TN 38126-3002
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-0508279
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Total area
25,074 SF
Lot
0.6 ac (26,136 SF)
Zoning code
SM
APN
002-112- - -00005-C
UPID
US80-0508279
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
-
South Point Grocery Grocery & Convenience Store Food Market
-
136 Webster Avenue Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$515k
Owner & transaction history
136 Webster LLC · 2 yrs held
136 Webster LLC
since 2023
Last sale
$445,000
7 recorded transactions
Zoning & alternative use
SM · Memphis, 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 Memphis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Memphis 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
Method
Estimation
Statistic approach
$430,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $445k (Aug 16 2023)
Last sale anchor
$445k
Aug 16 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$21 / SF
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
$48,022
Tax year 2022
Assessed value
$788,320
Assessed 2023
Previous assessed
$788,320
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$83,120
Assessed improvement
$705,200
Land market value
$207,800
Improvement market value
$1,763,000
Total market value
$1,970,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1920
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
25,074 SF
Lot
0.6 ac (26,136 SF)
Zoning code
SM
APN
002-112- - -00005-C
UPID
US80-0508279
Jurisdiction
SHELBY
Zoning & alternative use
SM · Memphis, TN
Zoning SM · permitted uses
SM · Memphis, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Memphis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
136 Webster LLC
Entity
Mailing address
431 S MAIN ST, MEMPHIS, TN 38103-6402
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2023
—
136 Webster LLC
Archer Custom Builders INC
Quit Claim Deed
related
—
Feb 16, 2023
—
William Hamilton Smythe IV
Archer Custom Builders INC
Quit Claim Deed
—
Aug 10, 2022
—
Archer Custom Builders INC
—
Deed
related
$600,000 · Guaranty Bank & Trust Co
Jun 13, 2022
—
Archer Custom Builders INC
—
Deed
related
$300,000 · Guaranty Bank & Trust Co
Aug 4, 2020
—
Archer Custom Builders INC
—
Deed
related
$300,000 · Truist Bk
Dec 22, 2016
$445,000
Archer Custom Builders INC
Migliara,lawrence
Warranty Deed
$333,750 · Suntrust Bk
Oct 2, 2008
—
Lawrence Migliara
Bates,robert C
Quit Claim Deed
related
—
Sep 19, 2006
—
Lawrence Migliara
Bates,robert C
Quit Claim Deed
related
—
Sep 5, 2001
$350,000
Robert C Bate
Bloch,laurence M
Grant Deed
$300,000 · Laurence M
—
—
Lawrence Migliara
—
Deed Of Trust
related
$310,000 · Paragon National Bank
—
—
Lawrence Migliara
—
Deed Of Trust
related
$300,000 · Paragon National Bank
—
—
Archer Custom Builders INC
—
Deed Of Trust
related
$300,000 · Truist Bk
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.
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