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Property profile & analytics
OFF-MARKET Estimated value $195,000
Retail space

1712 Holmes Rd Memphis, TN 38116-9108

6,660 SF 0.62 ac lot Built 1967
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US80-0688680
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1967
Total area 6,660 SF
Lot 0.62 ac (27,007 SF)
Zoning code CMU-1
APN 079-093- - -00048-C
UPID US80-0688680
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
  • Sweet Flame Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$185k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k
Owner & transaction history
Mohammad M Islam · 3 yrs held
Mohammad M Islam
since 2023
Last sale
$200,000
2 recorded transactions
2023
$200,000
2017
$150,000
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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