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Property profile & analytics
OFF-MARKET
Specialty properties
3270 Elvis Presley Blvd Memphis, TN 38116-3256
Individually Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-1127388
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1965
Total area
12,439 SF
Lot
0.99 ac (43,081 SF)
Zoning code
CMU-1
APN
078-002- - -00019
UPID
US80-1127388
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
-
VIP Entertainment Center Wedding Service
-
The Vineyard formally Whitehaven Celebration Complex Event Planning Wedding Service
-
DJ Syche Nightclub Music Venue
-
Mr. A VIP ENTERTAINMENT HALL Hotel & Motel Resort
-
Memphis Area Youth Child Welfare Organization Charitable Organization
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
Willie J Nelson · 15 yrs held
Willie J Nelson
since 2011
7 recorded transactions
Zoning & alternative use
CMU-1 · 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
$10,958
Tax year 2022
Assessed value
$179,880
Assessed 2023
Previous assessed
$179,880
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$74,520
Assessed improvement
$105,360
Land market value
$186,300
Improvement market value
$263,400
Total market value
$449,700
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1965
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
12,439 SF
Lot
0.99 ac (43,081 SF)
Zoning code
CMU-1
APN
078-002- - -00019
UPID
US80-1127388
Jurisdiction
SHELBY
Zoning & alternative use
CMU-1 · Memphis, TN
Zoning CMU-1 · permitted uses
CMU-1 · 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
1965
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.99 ac
Current owner
From public records · entity-resolved
Willie J Nelson
Individual
Mailing address
3360 FONTAINE RD, MEMPHIS, TN 38116-3506
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2020
—
Willie Nelson
—
Deed
related
$675,069 · Will II Nelson
Jan 12, 2011
—
Willie J Nelson
W & H LLC
Quit Claim Deed
related
$934,288 · First Alliance Bank Fsb
Oct 27, 2010
—
Willie J Nelson
W & H LLC
Quit Claim Deed
related
—
Mar 24, 2009
—
W & H LLC
Wb Ents LLC
Quit Claim Deed
related
—
Apr 18, 2008
—
Wb Ents LLC
Nelson,willie J & Hattie
Quit Claim Deed
related
—
Jun 19, 2006
$300,000
Willie J Nelson
Vandiver,james B & Barbara R
Warranty Deed
$240,000 · First Alliance Bank Fsb
—
—
Willie Nelson
—
Deed Of Trust
related
$675,069 · Will II Nelson
—
—
Willie Nelson
—
Deed Of Trust
related
$480,000 · Will II Nelson
—
—
James B Vandiver
—
Deed Of Trust
related
$178,237 · Bank Of America
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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