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Property profile & analytics
OFF-MARKET
Hotels
1950 Elvis Presley Blvd Memphis, TN 38106-6945
Entity Owned
Free & Clear
Property ID
US80-0466859
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1934
Construction
FRAME
Total area
2,092 SF
Lot
1.58 ac (68,694 SF)
Zoning code
CMU-3
APN
060-062- - -00001
UPID
US80-0466859
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
-
Irish Moter Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Paris Estates LLC
Paris Estates LLC
since 2026
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Land market value
$132,000
Improvement market value
$139,700
Total market value
$271,700
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1934
Construction
FRAME
Heating
SPACE
Cooling
NONE
Buildings
6
Stories
1
Total area
2,092 SF
Lot
1.58 ac (68,694 SF)
Zoning code
CMU-3
APN
060-062- - -00001
UPID
US80-0466859
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
1934
Construction
FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
6
Lot
1.58 ac
Current owner
From public records · entity-resolved
Paris Estates LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3807 PIPER BAY CV, LAKELAND, TN 38002-6104
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2026
—
Paris Estates LLC
New Genesis Homeless INC
Quitclaim Deed
related
—
Jun 10, 2025
—
New Genesis Homeless INC
New Genesis Homeless INC
Deed
related
—
Apr 9, 2015
—
New Genesis Homeless INC
Cooks LLC
Quit Claim Deed
related
—
Mar 27, 2015
—
New Genesis Homeless INC
Cooks LLC
Quit Claim Deed
related
—
Dec 19, 2008
—
Cooks LLC
Cook Henry H Trust
Quit Claim Deed
related
—
Jun 30, 2003
$50,000
Cook,tr
Cook,luna E & Luna E
Grant Deed
related
$100,000 · Metwest Commercial Lender
—
—
Cook Henry H Trust
—
Deed Of Trust
related
$170,000 · Shiva Enterprize LLC
—
—
Prabhavatibe H Patel
—
Deed Of Trust
related
$498,044 · Growh Investment LLC
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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