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Property profile & analytics
OFF-MARKET Estimated value $765,000
Hotels

1441 Brks Rd Memphis, TN 38116-1802

134,412 SF 5.79 ac lot Built 1968
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US80-2199841
Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 1968
Total area 134,412 SF
Lot 5.79 ac (251,995 SF)
Zoning code EMP
APN 078-003- - -00001-C
UPID US80-2199841
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$805k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$765k
Owner & transaction history
Daahram Persad Hardeen · 2 yrs held
Daahram Persad Hardeen
since 2024
Last sale
$764,028
5 recorded transactions
2024
Price N/A
2023
$764,028
2023
Price N/A
2006
$2.7M
1969
Price N/A
Zoning & alternative use
EMP · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

1. In the CA, CMU, EMP, WD, IH districts, outdoor runs are permitted. 2. In all other districts, outdoor runs are not permitted. All overnight care of animals must occur indoors. All pens, kennels and runs must be located within an enclosed building. I. Art or Photo Studio or Gallery The following standards apply to art or photo studios or galleries permitte…

Zone name Employment
General category INDUSTRIAL
Zone area 20,883.36 ac
Source CHAPTER 1
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