Property profile

1508 National St Memphis, TN 38122

OFF-MARKET
Auto shops
Property ID
US80-1065818
1,102 SF 0.18 ac lot Built 1927
Individually Owned 14-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1927
Construction FRAME
Total area 1,102 SF
Lot 0.18 ac (8,015 SF)
Zoning code CMU-3
APN 043-079- - -00041
UPID US80-1065818

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
  • Loan Service

Location

1508 National St Memphis, TN 38122-1224
Memphis metro Census 1100 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$75k

Owner & transaction history

since 2012
7 recorded transactions
2012
$30,000
2006
$50,000
2001
$20,000
2001
$20,000
2001
$20,000
2000
$62,000
1998
$16,063

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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