Property profile

3030 Frst Hl Irene Rd Germantown, TN 38138

OFF-MARKET
Strip malls
Property ID
US80-1373391
15,160 SF 3.49 ac lot Built 2007
Individually Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Total area 15,160 SF
Lot 3.49 ac (152,199 SF)
Zoning code SC-1
APN G02-32 - - -00533
UPID US80-1373391

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency

Location

3030 Frst Hl Irene Rd Germantown, TN 38138-7844
Germantown metro Census 21341 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.74M
Blend (final) Blend
$1.44M

Owner & transaction history

since 2021
6 recorded transactions
2023
Price N/A
2021
Price N/A
2021
Price N/A
2021
$1.4M
2021
Price N/A
1969
Price N/A

Zoning & alternative use

SC-1 · Germantown, TN
Zoning description

l district (R-3 two-family density) Residential district (R-T multifamily) Residential district (R-H retirement housing) Neighborhood commercial district (C-1) General commercial district (C-2) Shopping center district (…

General category COMMERCIAL
Top alternative use upside
Medical building $2.2M +94.9%
Auto repair, garage $1.5M +32.1%
Apartment house (5+ units) $1.4M +21.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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