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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
3095 Lamar Ave Memphis, TN 38114-6440
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-3427522
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1972
Total area
1,653 SF
Lot
0.57 ac (24,960 SF)
Zoning code
CMU-3
APN
059-031- - -00087
UPID
US80-3427522
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
-
In and Out Market Gas Station
-
Dees Oil Gas Station
-
Orlandi Valuta Bank Credit Union
-
In & Out Market Gas Station
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
Abdo & Sons INC · 5 yrs held
Abdo & Sons INC
since 2020
Last sale
$72,500
7 recorded transactions
Zoning & alternative use
CMU-3 · 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
$4,410
Tax year 2022
Assessed value
$72,400
Assessed 2023
Previous assessed
$72,400
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$27,920
Assessed improvement
$44,480
Land market value
$69,800
Improvement market value
$111,200
Total market value
$181,000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1972
Heating
SPACE
Cooling
NONE
Stories
1
Total area
1,653 SF
Lot
0.57 ac (24,960 SF)
Zoning code
CMU-3
APN
059-031- - -00087
UPID
US80-3427522
Jurisdiction
SHELBY
Zoning & alternative use
CMU-3 · Memphis, TN
Zoning CMU-3 · permitted uses
CMU-3 · 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
1972
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Abdo & Sons INC
Entity
Mailing address
4233 LEXI DR, OLIVE BRANCH, MS 38654-6153
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2020
—
Abdo & Sons INC
Abdel Darras
Quit Claim Deed
related
—
Dec 9, 2019
—
Abdel Darras
Anwer Almomani
Quit Claim Deed
related
—
May 5, 2017
—
Abdel Darras
Darras,abdel
Quit Claim Deed
related
—
Mar 1, 2010
$72,500
Abdel Darras
Khdeir,ali
Warranty Deed
—
Dec 6, 2006
$145,000
Adel Darras
North Mississippi R/e Mgmt LLC
Warranty Deed
$95,000 · North Mississippi R/e Mgmt LLC
Sep 25, 2006
$87,500
North Mississippi R/e Mgmt LLC
Hanks,lucky M
Warranty Deed
—
Apr 13, 2000
—
Lucy M Hanks
Mcfall Trust
Quit Claim Deed
related
$50,000 · Individual
—
—
Abdel J Darras
—
Deed Of Trust
related
$95,000 · First Capital Bank Ssb
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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