Property profile

1828 Old Hwy 51st S Brighton, TN 38011

OFF-MARKET
Commercial real estate
Property ID
US80-1942213
12,320 SF 1.57 ac lot Built 2006
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2006
Construction FRAME
Total area 12,320 SF
Lot 1.57 ac (68,389 SF)
APN 084097B B 00300
UPID US80-1942213

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
  • Gym & Fitness Center

Location

1828 Old Hwy 51st S Brighton, TN 38011-8023
Brighton metro Census 40500 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
$1.92M
Comparable Approach Comparable
$1.54M
Blend (final) Blend
$450k

Owner & transaction history

since 2018
7 recorded transactions
2018
$1.3M
2017
Price N/A
2011
Price N/A
2008
Price N/A
2008
$754,681
1969
Price N/A
1969
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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