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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Specialty properties
2440 Wmc Rd, Memphis, TN 38133
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-1759788
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1975
Total area
20,336 SF
Lot
57.27 ac (2,494,507 SF)
Zoning code
CA
APN
095-300- - -00031
UPID
US80-1759788
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$385k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$643k
Blend (final)
Blend
$515k
Owner & transaction history
Lakewood Of Hamilton Cemetery LLC · 14 yrs held
Lakewood Of Hamilton Cemetery LLC
since 2011
5 recorded transactions
Zoning & alternative use
CA · 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
Method
Estimation
Statistic approach
by Request
ML approach
$385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$515k
Range $464k – $567k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$25 / SF
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
Tax billed
$13,763
Tax year 2022
Assessed value
$225,940
Assessed 2023
Previous assessed
$225,940
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$100,820
Assessed improvement
$125,120
Land market value
$780,700
Improvement market value
$586,500
Total market value
$1,367,200
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1975
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
20,336 SF
Lot
57.27 ac (2,494,507 SF)
Zoning code
CA
APN
095-300- - -00031
UPID
US80-1759788
Jurisdiction
SHELBY
Zoning & alternative use
CA · Memphis, TN
Zoning CA · permitted uses
CA · 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
1975
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
57.27 ac
Current owner
From public records · entity-resolved
Lakewood Of Hamilton Cemetery LLC
Entity
Mailing address
3331 ST RD STE #200, BENSALEM, PA 19020-2042
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2019
—
Lakewood Of Hamilton Cemetery LLC
—
Grant Deed
related
$10,416,942 · Wilmington Tr NA
Jan 6, 2015
—
Lakewood Of Hamilton Cemetery LLC
—
Loan Modification
related
$250,000,000 · Bank Of America
Oct 18, 2012
—
Lakewood Of Hamilton Cemetery LLC
—
Deed Of Trust
related
$130,000,000 · Bank Of America
Oct 13, 2011
$1,455,000
Lakewood Of Hamilton Cemetery LLC
Forest Hill Funeral Hm & Mem P
Deed Of Trust
related
$120,000,000 · Bank Of Nat'l Tr & Svgs
Feb 19, 2004
—
Hill Funeral Hm Forest
Prime Succession Of Tennessee INC
Warranty Deed
$5,000,000 · Prime Nofos 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.
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