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Property profile & analytics
OFF-MARKET
Day care centers
2851 Shelby St, Bartlett, TN 38134-4509
Individually Owned
1-yr Hold
Property ID
US80-0082717
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1965
Total area
1,710 SF
Lot
0.31 ac (13,634 SF)
Zoning code
CG-MS
APN
B01-56F- -B-00003
UPID
US80-0082717
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
-
Terri Basken Physician
-
PMI of Memphis Property Management Company
-
Revive & Remedy, LLC Medical Clinic
-
Delta Designs LLC Marketing & Advertising Advertising Agency
-
Cat Country Sports Marketing & Advertising Printing Service
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
Be Thi Nguyen · 1 yrs held
Be Thi Nguyen
since 2025
Last sale
$225,000
6 recorded transactions
Zoning & alternative use
CG-MS · Bartlett, 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 Bartlett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bartlett 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
$1,496
Tax year 2022
Assessed value
$44,120
Assessed 2023
Previous assessed
$44,120
+0.0% YoY
Effective rate
3.39%
On assessed value
Assessed land
$12,280
Assessed improvement
$31,840
Land market value
$30,700
Improvement market value
$79,600
Total market value
$110,300
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1965
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
8
Bathrooms
2
Total area
1,710 SF
Lot
0.31 ac (13,634 SF)
Zoning code
CG-MS
APN
B01-56F- -B-00003
UPID
US80-0082717
Jurisdiction
SHELBY
Zoning & alternative use
CG-MS · Bartlett, TN
Zoning CG-MS · permitted uses
CG-MS · Bartlett, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bartlett. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
8
Bathrooms
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
Be Thi Nguyen
Individual
Mailing address
2851 SHELBY ST, BARTLETT, TN 38134-4509
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2025
$225,000
Be Thi Nguyen
Buford Properties LLC
Warranty Deed
—
Jun 4, 2015
$105,000
Buford Properties LLC
Stewart Analyn
Warranty Deed
$89,250 · Bank Of Bartlett
Feb 21, 2012
—
Analyn Stewart
Stewart Milton E
Quit Claim Deed
related
—
Apr 17, 2007
$123,600
Milton E Stewart
Dacus,tim E
Warranty Deed
$77,500 · Financial Fsb
Oct 5, 2005
$95,000
Tim E Dacus
Smith,david & Dana L
Warranty Deed
—
Jul 16, 1999
$64,000
David Smith
Dix,genevieve M
Grant Deed
$45,000 · First Tennessee Bank National
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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