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Property profile & analytics
OFF-MARKET
Estimated value
$11,310,000
Hotels
2625 1000th Oaks Blvd Memphis, TN 38118-2410
Entity Owned
5-yr Hold
Free & Clear
Property ID
US80-0070054
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1987
Total area
218,000 SF
Lot
9.86 ac (429,458 SF)
Zoning code
CMU-2
APN
074-001- - -00210
UPID
US80-0070054
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
$7.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.41M
Blend (final)
Blend
$11.31M
Owner & transaction history
Lw Memphis IV LLC · 5 yrs held
Lw Memphis IV LLC
since 2021
Last sale
$14.8M
5 recorded transactions
Zoning & alternative use
CMU-2 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$18.1M
+21.9%
Office building
$16.9M
+14.1%
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
$11,845,000
ML approach
$7,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$14,840,000
Current use
RETAIL STORES
$18,085,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$16,935,000
Change: +14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$13,170,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$11.31M
Range $10.18M – $12.44M · ±10% · vs last sale $14.75M (Jun 2 2021)
Last sale anchor
$14.75M
Jun 2 2021
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
$52 / 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
$200,473
Tax year 2022
Assessed value
$3,290,960
Assessed 2023
Previous assessed
$3,290,960
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$203,040
Assessed improvement
$3,087,920
Land market value
$507,600
Improvement market value
$7,719,800
Total market value
$8,227,400
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
Status
Off-Market
Year built
1987
Heating
FORCED AIR
Cooling
CENTRAL
Stories
9
Total area
218,000 SF
Lot
9.86 ac (429,458 SF)
Zoning code
CMU-2
APN
074-001- - -00210
UPID
US80-0070054
Jurisdiction
SHELBY
Zoning & alternative use
CMU-2 · Memphis, TN
Zoning CMU-2 · permitted uses
CMU-2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$14.8M
RETAIL STORES
Est. value
$18.1M
OFFICE BUILDING
Est. value
$16.9M
COMMERCIAL (GENERAL)
Est. value
$13.2M
HOTEL/MOTEL Current
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Heating
FORCED AIR
Cooling
Yes
Stories
9
Lot
9.86 ac
Current owner
From public records · entity-resolved
Lw Memphis IV LLC
Entity
Free & Clear · 5 yrs held
Mailing address
70 SE 4TH AVE, DELRAY BEACH, FL 33483-4514
Ownership since
2021
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
Jun 2, 2021
$14,750,000
Lw Memphis IV LLC
Jubilee Hotels Group LLC
Special Warranty Deed
—
Oct 30, 2014
$5,092,500
Jubilee Hotels Group LLC
Jpmcc 2007-cibc19 Lodging 2625
Grant Deed
$7,500,000 · Texas Cap Bk
Feb 5, 2013
$12,375,000
Jpmcc 2007-cibc19 Lodging 2625
Quinn Harris P
Trustees Deed
—
Jun 24, 2004
$15,300,000
Nshe Paris LLC
Massachusetts Mutual Life Ins
Grant Deed
$12,000,000 · Us Bank NA
Jan 24, 2002
—
Mutual Life Ins Massachusetts
Trezevant,stanley H
Quit Claim Deed
related
—
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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