Technical
Financial
Distress signals
Property profile

199 Neely St Memphis, TN 38105

OFF-MARKET
Sports & entertainment properties
Property ID
US80-1651897
33.86 ac lot
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Sports & entertainment properties
Use group RECREATIONAL, ENTERTAINMENT
Lot 33.86 ac (1,474,942 SF)
Zoning code R-8
APN 076-031- - -00001
UPID US80-1651897

Cap rate & NOI

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

Location

199 Neely St Memphis, TN 38105
Memphis metro Census 3900 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
$400k

Owner & transaction history

Zoning & alternative use

R-8 · Memphis, TN
Zoning description

1. On-site sales at neighborhood gardens are prohibited in residential zoning districts (R -MP, R-E, R-15, R-10, R-8, R-6, R-3, RU-1, RU-2, RU-3, RU-4, RU-5 and RW), with the exception of Community Supported Agriculture.…

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
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