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Property profile & analytics
OFF-MARKET
Estimated value
$2,025,000
Drive through restaurants
1420 Un Ave, Memphis, TN 38104-3695
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US80-1983658
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2019
Total area
1,960 SF
Lot
0.53 ac (23,261 SF)
Zoning code
CMU-3
APN
017-025- - -00004
UPID
US80-1983658
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
-
Supreme Street Music Recording Studio
-
Starbucks Cafe & Coffee Shop
-
Sawyer Jacquelyn Counselor
-
Webber Carolyn Counselor
-
Wilson Hunt Construction Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.77M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.03M
Owner & transaction history
5705 Johnston LLC · 6 yrs held
5705 Johnston LLC
since 2020
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
CMU-3 · 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
$1,850,000
ML approach
$1,770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.03M
Range $1.82M – $2.23M · ±10% · vs last sale $2.24M (Mar 23 2020)
Last sale anchor
$2.24M
Mar 23 2020
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
$1,033 / 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
$32,961
Tax year 2022
Assessed value
$541,080
Assessed 2023
Previous assessed
$541,080
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$157,080
Assessed improvement
$384,000
Land market value
$392,700
Improvement market value
$960,000
Total market value
$1,352,700
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2019
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
1,960 SF
Lot
0.53 ac (23,261 SF)
Zoning code
CMU-3
APN
017-025- - -00004
UPID
US80-1983658
Jurisdiction
SHELBY
Zoning & alternative use
CMU-3 · Memphis, TN
Zoning CMU-3 · permitted uses
CMU-3 · 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
2019
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
5705 Johnston LLC
Entity
Mailing address
408 WORTH AVE, LAFAYETTE, LA 70508-6637
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
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2020
$2,240,000
5705 Johnston LLC
S & D Real Estate LLC
Warranty Deed
$1,651,380 · Home Bk
Mar 12, 2020
—
S & D Real Estate LLC
Sjm Realty LLC
Quit Claim Deed
related
—
Jul 1, 2019
—
Sim Realty LLC
—
Trustees Deed
related
$1,432,000 · Premier Bk
Mar 18, 2019
—
Sjm Realty LLC
—
Deed
related
—
Oct 11, 2018
—
Sim Realty LLC
—
Deed
related
—
Mar 20, 2018
—
Sjm Realty LLC
S & D Real Estate LLC
Quit Claim Deed
related
—
Feb 22, 2018
—
Sjm Realty LLC
Lin,liang
Quit Claim Deed
related
—
Oct 19, 2017
—
S & D Real Estate LLC
—
Deed
related
—
Sep 12, 2017
—
Liang Lin
—
Deed
related
$350,000 · First Cmnty Bk/estn Ar
Oct 19, 2016
—
S & D Real Estate LLC
Lin,liang
Quit Claim Deed
related
—
Oct 18, 2016
—
Liang Lin
—
Deed
related
$350,000 · First Cmnty Bk/estn Ar
Sep 29, 2015
$250,000
Liang Lin
Cavallo,charles S
Warranty Deed
$350,000 · First Cmnty Bk/estn Ar
—
—
Sjm Realty LLC
—
Loan Modification
related
—
—
—
Liang Lin
—
Loan Modification
related
$350,000 · First Cmnty Bk/estn Ar
—
—
Avenue Partners Union
—
Deed Of Trust
related
$588,600 · First Tennessee Bank National
—
—
Liang Lin
—
Loan Modification
related
$350,000 · First Cmnty Bk/estn Ar
—
—
S & D Real Estate LLC
—
Loan Modification
related
—
—
—
Sim Realty LLC
—
Loan Modification
related
—
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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