Property profile

183 Chelsea Ave Memphis, TN 38107

OFF-MARKET
Auto shops
Property ID
US80-3368143
1,811 SF 0.31 ac lot Built 1953
Individually Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1953
Total area 1,811 SF
Lot 0.31 ac (13,504 SF)
Zoning code HDR
APN 001-079- - -00001
UPID US80-3368143

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

183 Chelsea Ave Memphis, TN 38107-2433
Memphis metro Census 2100 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$180k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$160k

Owner & transaction history

since 2021
Last sale
$200,000
4 recorded transactions
2021
$200,000
2007
Price N/A
2006
$60,000
2006
Price N/A

Zoning & alternative use

HDR · Memphis, TN
Zoning description

B. High-Density Residential District (HDR) Land use types to be included in this district are multifamily, townhouses and institutions. The largest concentration of this zoning district is adjacent Lauderdale Courts and…

General category RESIDENTIAL

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 183 Chelsea Ave?
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