Property profile

1609 Memorial Blvd Springfield, TN 37172

OFF-MARKET
Grocery and convenience stores
Property ID
US80-3543522
1,594 SF 0.24 ac lot Built 1951
Individually Owned 8-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1951
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,594 SF
Lot 0.24 ac (10,580 SF)
APN 074091B B 06700
UPID US80-3543522

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
  • Grocery & Convenience Store
  • Atm

Location

1609 Memorial Blvd Springfield, TN 37172-3756
Springfield metro Census 80302 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2018
5 recorded transactions
2018
$680,000
2018
$775,000
2005
$700,000
2002
$190,000
1993
$40,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1609 Memorial Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message