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Property profile & analytics
OFF-MARKET
Drive through restaurants

2180 Covington Pike Memphis, TN 38128-6907

2,814 SF 0.77 ac lot Built 1986
Entity Owned 4-yr Hold Free & Clear
Property ID
US80-0174876
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1986
Total area 2,814 SF
Lot 0.77 ac (33,498 SF)
Zoning code EMP
APN 088-040- - -00105
UPID US80-0174876
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
  • Wendy's Restaurant Take-out & Catering
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
by Request
Owner & transaction history
Wen Tennessee LLC · 4 yrs held
Wen Tennessee LLC
since 2021
Last sale
$2.6M
5 recorded transactions
2021
$985,427
2019
$975,427
1999
$947,451
1969
Price N/A
1969
Price N/A
Zoning & alternative use
EMP · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

1. In the CA, CMU, EMP, WD, IH districts, outdoor runs are permitted. 2. In all other districts, outdoor runs are not permitted. All overnight care of animals must occur indoors. All pens, kennels and runs must be located within an enclosed building. I. Art or Photo Studio or Gallery The following standards apply to art or photo studios or galleries permitte…

Zone name Employment
General category INDUSTRIAL
Zone area 20,883.36 ac
Source CHAPTER 1
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