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Property profile & analytics
OFF-MARKET
Estimated value
$980,000
Investment properties
267 Main St Memphis, TN 38103-3921
Entity Owned
16-yr Hold
Free & Clear
Property ID
US80-1259464
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Total area
30,750 SF
Lot
0.3 ac (13,199 SF)
Zoning code
SM
APN
002-101- - -00014
UPID
US80-1259464
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
-
West Street Communications | Austin Digital and Social Media Marketing Consulting Marketing & Advertising
-
Adler Hotel Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$832k
Blend (final)
Blend
$980k
Owner & transaction history
Love INC · 16 yrs held
Love INC
since 2010
7 recorded transactions
Zoning & alternative use
SM · 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
$715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±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
$32 / 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
$27,822
Tax year 2022
Assessed value
$456,720
Assessed 2023
Previous assessed
$456,720
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$79,960
Assessed improvement
$376,760
Land market value
$199,900
Improvement market value
$941,900
Total market value
$1,141,800
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
30,750 SF
Lot
0.3 ac (13,199 SF)
Zoning code
SM
APN
002-101- - -00014
UPID
US80-1259464
Jurisdiction
SHELBY
Zoning & alternative use
SM · Memphis, TN
Zoning SM · permitted uses
SM · 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
1900
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.3 ac
Current owner
From public records · entity-resolved
Love INC
Entity
Free & Clear · 16 yrs held
Mailing address
924 N DUNLAP ST, MEMPHIS, TN 38107-2614
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2020
—
Love INC
—
Deed
related
$6,780 · Regions Bk
Aug 16, 2010
—
Greater Cmnty Temple Ch Of God/ch
—
Deed Of Trust
related
$2,024,673 · Regions Bank
Jul 12, 2010
—
Love INC
Memphis Center City Revenue Fi
Quit Claim Deed
related
—
Feb 6, 2009
$1,000
Love INC
Memphis Center City Revenue Fi
Quit Claim Deed
related
—
Oct 4, 2004
—
Love INC
—
Trustees Deed
related
$400,000 · Bank Of Bartlett
—
—
Love INC
—
Loan Modification
related
$1,565,355 · Regions Bk
—
—
Love INC
—
Loan Modification
related
$1,565,355 · Regions Bk
—
—
Love INC
—
Loan Modification
related
$6,780 · Regions Bk
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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