Technical
Financial
Distress signals
Property profile

237 Vance Ave Memphis, TN 38126

OFF-MARKET
Retail space
Property ID
US80-0789776
1,613 SF 0.06 ac lot Built 1928
Individually Owned 16-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1928
Total area 1,613 SF
Lot 0.06 ac (2,483 SF)
Zoning code SM
APN 005-018- - -00002
UPID US80-0789776

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
  • Restaurant
  • Barber Shop

Location

237 Vance Ave Memphis, TN 38126-1915
Memphis metro Census 11402 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

Zoning & alternative use

SM · Memphis, TN
Zoning description

7.2.2 South Main (SM) District Memphis/Shelby County Unified Development Code 295 ZTA 24-2 Hotel, Bed and Breakfast Retail Sales, Outdoor D. Additional Requirements 1. Adult Entertainment shall not be permitted. 2. Any b…

General category SPECIAL

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 237 Vance 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