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Property profile & analytics
OFF-MARKET
Auto shops
2780 Airways Blvd Memphis, TN 38132-1103
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US80-0734985
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1990
Total area
3,174 SF
Lot
0.95 ac (41,382 SF)
Zoning code
EMP
APN
060-219- - -00003
UPID
US80-0734985
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
-
YDL AUTOMOTIVE CARE CENTER Auto Repair Shop
-
Dr. Cars Auto Repair Shop Auto Parts Store
-
WHOLESALE TIRES OF MEMPHIS (Bike/Boat/Book/etc) Store Auto Parts Store
-
Your Dealers License Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Msrz Ent INC · 6 yrs held
Msrz Ent INC
since 2020
Last sale
$300,000
7 recorded transactions
Zoning & alternative use
EMP · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,064
Tax year 2022
Assessed value
$148,800
Assessed 2023
Previous assessed
$148,800
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$48,480
Assessed improvement
$100,320
Land market value
$121,200
Improvement market value
$250,800
Total market value
$372,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1990
Heating
SPACE
Cooling
NONE
Stories
1
Total area
3,174 SF
Lot
0.95 ac (41,382 SF)
Zoning code
EMP
APN
060-219- - -00003
UPID
US80-0734985
Jurisdiction
SHELBY
Zoning & alternative use
EMP · Memphis, TN
Zoning EMP · permitted uses
EMP · 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
1990
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
Msrz Ent INC
Entity
Mailing address
2821 AIRWAYS BLVD, MEMPHIS, TN 38132-1110
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2020
—
Msrz Ent INC
—
Deed
related
$1,325,144 · Southern Bancorp Bk NA
Feb 7, 2020
$300,000
Msrz Ent INC
Ellie LLC
Warranty Deed
$200,000 · Ellie LLC
Feb 19, 2018
—
Ellie LLC
Pelts,jeffrey D
Quit Claim Deed
related
—
Nov 13, 2015
$90,000
Jeffrey D Pelts
Dtg Operations INC
Grant Deed
$90,000 · Daniel K & Candace S George
May 15, 2012
—
Dtg Operations INC
—
Deed Of Trust
related
$450,000,000 · Bank Of America
Apr 21, 2009
—
Dtg Operations INC
—
Deed Of Trust
related
$600,000,000 · Deutsche Bank Trust Co America
Sep 7, 2000
$925,000
Dollar Rent A Car Systems INC
Harrell,h S & Rebecca C
Grant Deed
—
Jul 9, 1999
—
Harrell H S
Duvall,thomas P
Quit Claim Deed
related
—
—
—
Msrz Ent INC
—
Deed Of Trust
related
$1,325,144 · Southern Bancorp Bk NA
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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