Property profile

1462 Elvis Presley Blvd Memphis, TN 38106

OFF-MARKET
Hotels
Property ID
US80-0733190
10,176 SF 0.45 ac lot Built 1950
Entity Owned 20-yr Hold Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1950
Total area 10,176 SF
Lot 0.45 ac (19,689 SF)
Zoning code CMU-3
APN 048-004- - -00001
UPID US80-0733190

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

1462 Elvis Presley Blvd Memphis, TN 38106-5911
Memphis metro Census 6000 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$200k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2006
1 recorded transaction
2006
Price N/A

Zoning & alternative use

CMU-3 · Memphis, TN
Zoning description

3. Commercial Mixed Use - 3 (CMU-3) The CMU -3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require highly visible and highly accessible locations w…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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