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Property profile & analytics
OFF-MARKET Estimated value $385,000
Auto shops

2800 Germantown Pkwy Memphis, TN 38133-8149

12,758 SF 1.84 ac lot Built 1996
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US80-1546537
Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1996
Total area 12,758 SF
Lot 1.84 ac (80,107 SF)
Zoning code CMU-3
APN 092-007- - -00011
UPID US80-1546537
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
  • Prince jewelry (Bike/Boat/Book/etc) Store
  • Sears Garage Doors & Openers Building Supply General Contractor
  • Sears Department Store
  • Sears Appliance Repair Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k
Owner & transaction history
Seritage Src Finance LLC · 11 yrs held
Seritage Src Finance LLC
since 2015
2 recorded transactions
2019
Price N/A
2015
$9.4M
Zoning & alternative use
CMU-3 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

3. Commercial Mixed Use - 3 (CMU-3) The CMU -3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require highly visible and highly accessible locations with direct access to arterials. Residential uses are allowed on the ground floor but upper -story units are encouraged. Typical uses in this…

Zone name Commercial Mixed Use 3
General category MIXED_USE
Zone area 4,582.25 ac
Source CHAPTER 1
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