Property profile

1471 Brks Rd Memphis, TN 38116

OFF-MARKET
Hotels
Property ID
US80-2787004
75,681 SF 5.5 ac lot Built 1974
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1974
Total area 75,681 SF
Lot 5.5 ac (239,449 SF)
Zoning code EMP
APN 078-003- -A-00053-C
UPID US80-2787004

Cap rate & NOI

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

Location

1471 Brks Rd Memphis, TN 38116-1802
Memphis metro Census 22026 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$670k
CAP Approach CAP
by Request
Comparable Approach Comparable
$792k
Blend (final) Blend
$670k

Owner & transaction history

since 2019
7 recorded transactions
2019
$1.8M
2014
$1.7M
2010
$1.6M
2010
$1.3M
2008
$2.5M
2006
$5.0M
2006
$3.5M

Zoning & alternative use

EMP · Memphis, TN
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 locate…

General category INDUSTRIAL

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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