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Property profile & analytics
OFF-MARKET
Estimated value
$3,720,000
Car washes
1675 Un Ave Memphis, TN 38104-3733
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-3314884
Property profile
Verified
Property type
Car washes
Use group
CAR WASH - AUTOMATED
Year built
2003
Total area
3,848 SF
Lot
0.68 ac (29,403 SF)
Zoning code
CMU-3
APN
016-038- - -00013
UPID
US80-3314884
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
-
Circle K Car Wash Car Wash
-
Take 5 Car Wash Car Wash
-
Car Wash USA Express Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.72M
Owner & transaction history
Opf Sv Spe LLC · 1 yrs held
Opf Sv Spe LLC
since 2024
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
CMU-3 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Memphis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Memphis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,720,000
ML approach
$3,720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.72M
Range $3.35M – $4.09M · ±10% · vs last sale $3.72M (Aug 27 2024)
Last sale anchor
$3.72M
Aug 27 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$967 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$26,384
Tax year 2022
Assessed value
$433,120
Assessed 2023
Previous assessed
$433,120
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$208,200
Assessed improvement
$224,920
Land market value
$520,500
Improvement market value
$562,300
Total market value
$1,082,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Car washes
Use group
CAR WASH - AUTOMATED
Status
Off-Market
Year built
2003
Heating
NONE
Cooling
NONE
Stories
1
Total area
3,848 SF
Lot
0.68 ac (29,403 SF)
Zoning code
CMU-3
APN
016-038- - -00013
UPID
US80-3314884
Jurisdiction
SHELBY
Zoning & alternative use
CMU-3 · Memphis, TN
Zoning CMU-3 · permitted uses
CMU-3 · Memphis, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Memphis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Opf Sv Spe LLC
Entity
Mailing address
2424 S RDG RD, ROCKWALL, TX 75087-5116
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2024
$3,720,000
Opf Sv Spe LLC
Imo Us South LLC
Special Warranty Deed
$75,100,000 · Wells Fargo Bank NA
Aug 27, 2024
—
Boing Us Holdco INC
Opf Sv Spe LLC
Lease
—
Aug 20, 2015
$29,040,000
Imo Us South LLC
Car Wash USA Express Holdings
Grant Deed
—
Jun 10, 2015
$1,000,000
Car Wash USA Express Holdings
Stonewall Investment Props LLC
Warranty Deed
related
—
Mar 28, 2014
$1,145,000
Stonewall Investment Props LLC
Sunshine Carwash Partners LLC
Warranty Deed
$1,143,250 · Centennial Bk
Sep 18, 2008
$2,900,000
Sunshine Carwash Partners LLC
Johnson,mark C
Warranty Deed
$2,440,000 · Landmark Community Bank
Sep 18, 2008
—
Mark C Johnson
River Ent Partners
Quit Claim Deed
related
—
Sep 13, 2002
$300,000
River Enterprises Partners
Morrison Investments LLC
Grant Deed
$1,200,000 · Community Bank Desoto
Jun 15, 2001
$250,000
Morrison Investments LLC
R R Morrison & Son INC
Grant Deed
related
—
—
—
Imo Us South LLC
—
Deed Of Trust
related
$15,000,000 · Centennial Bk
—
—
Imo Us South LLC
—
Loan Modification
related
$23,883,000 · Centennial Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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