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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
3150 Perkins Rd Memphis, TN 38118-3240
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-3078398
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2019
Total area
4,100 SF
Lot
0.51 ac (22,216 SF)
Zoning code
CMU-2
APN
074-014- - -00021
UPID
US80-3078398
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
-
Vigo Bank Credit Union
-
Orlandi Valuta Bank Credit Union
-
Bitstop Bitcoin ATM Atm Currency Exchange Service
-
Krispy Krunchy Chicken Restaurant
-
Marathon. RT Express 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
RT Mart INC · 2 yrs held
RT Mart INC
since 2024
Last sale
$350,000
7 recorded transactions
Zoning & alternative use
CMU-2 · 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
$24,313
Tax year 2022
Assessed value
$399,120
Assessed 2023
Previous assessed
$399,120
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$66,640
Assessed improvement
$332,480
Land market value
$166,600
Improvement market value
$831,200
Total market value
$997,800
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
2019
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
4,100 SF
Lot
0.51 ac (22,216 SF)
Zoning code
CMU-2
APN
074-014- - -00021
UPID
US80-3078398
Jurisdiction
SHELBY
Zoning & alternative use
CMU-2 · Memphis, TN
Zoning CMU-2 · permitted uses
CMU-2 · 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
2019
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
RT Mart INC
Entity
Mailing address
8509 WOLF VLY LN, BARTLETT, TN 38133-2884
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2024
—
RT Mart INC
Rafat Khmous
Quit Claim Deed
related
—
Jun 11, 2019
—
Rafat Khmous
—
Deed
related
$750,000 · Financial Fed'l Bk
Nov 28, 2018
—
Rafat Khmous
—
Deed
related
$400,000 · Graves Oil Co INC
Oct 10, 2016
—
Rafat Khmous
Khmous,rafat
Quit Claim Deed
related
—
Mar 19, 2014
$350,000
Khmous,rafat M
Little,glenn J JR
Warranty Deed
$165,404 · Renasant Bk
Feb 2, 2010
$245,000
Glen J Little JR.
Banktennessee
Grant Deed
—
Dec 19, 2007
$122,625
Bank Tennessee
Aquawash INC
Trustees Deed
related
—
Jul 8, 1998
—
Aquawash INC
Unocal
Grant Deed
related
—
—
—
Rafat Khmous
—
Deed Of Trust
related
$400,000 · Graves Oil Co INC
—
—
Rafat Khmous
—
Deed Of Trust
related
$750,000 · Financial Fed'l Bk
—
—
Aquawash INC
—
Deed Of Trust
related
$774,000 · Alabama Community Dev Corp
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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