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Property profile & analytics
OFF-MARKET Estimated value $105,000
Drive through restaurants

1472 Shelby Dr Memphis, TN 38116-7226

1,446 SF 0.57 ac lot Built 1974
Trust Owned 6-yr Hold Free & Clear
Property ID
US80-0611531
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1974
Total area 1,446 SF
Lot 0.57 ac (24,960 SF)
Zoning code CMU-1
APN 079-050- -A-00017
UPID US80-0611531
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
  • Dixie Queen Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$95k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$105k
Owner & transaction history
Shelby Drive Invs Svcs Trust · 6 yrs held
Shelby Drive Invs Svcs Trust
since 2020
Last sale
$125,000
3 recorded transactions
2020
Price N/A
2006
$125,000
2005
$52,800
Zoning & alternative use
CMU-1 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

PRINCIPAL USE R6 RU-1 RU-3 CMU-1 CMU-2 CMP-2 Woodworking, including Cabinet Makers and Furniture Manufacturing □ ■ Warehouse □ □ Recycling Drop-off Facility □ □ □ Neighborhood Garden ■ ■ ■ ■ ■ ■ Planned Development1 □ □ □ 1. Planned Developments approved prior to the adoption of the University District Overlay (July 22, 2009) are not affected. Definitions Fo…

Zone name Commercial Mixed Use 1
General category MIXED_USE
Zone area 3,556.17 ac
Source CHAPTER 1
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