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Property profile & analytics
OFF-MARKET Estimated value $210,000
Drive through restaurants

2841 Perkins Rd Memphis, TN 38118-2432

1,664 SF 0.78 ac lot Built 1969
Individually Owned 16-yr Hold ~ Est. High Equity
Property ID
US80-3400227
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1969
Total area 1,664 SF
Lot 0.78 ac (33,846 SF)
Zoning code CMU-3
APN 073-022- - -00246-C
UPID US80-3400227
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
  • Taqueria Express #3 Restaurant
  • Apartamentos cottonwood Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k
Owner & transaction history
James S Linder · 16 yrs held
James S Linder
since 2009
5 recorded transactions
2009
Price N/A
2009
Price N/A
2009
Price N/A
2006
$276,000
1969
Price N/A
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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