Technical
Financial
Distress signals
Property profile

3388 Gemini Dr Memphis, TN 38109

OFF-MARKET
Truck terminals
Property ID
US80-2043029
10,080 SF 3.31 ac lot Built 1972
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Truck terminals
Use group TRUCK TERMINAL (MOTOR FREIGHT)
Year built 1972
Total area 10,080 SF
Lot 3.31 ac (144,184 SF)
Zoning code EMP
APN 050-123- -A-00013
UPID US80-2043029

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
  • Waste Management Facility Hazardous Waste Disposal
  • Trucking Company
  • Trucking Company

Location

3388 Gemini Dr Memphis, TN 38109-2940
Memphis metro Census 22500 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.42M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.45M

Owner & transaction history

since 2023
Last sale
$1.5M
6 recorded transactions
2023
$1.5M
2016
Price N/A
2009
$275,000
2005
$350,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

EMP · Memphis, TN
Zoning description

1. In the CA, CMU, EMP, WD, IH districts, outdoor runs are permitted. 2. In all other districts, outdoor runs are not permitted. All overnight care of animals must occur indoors. All pens, kennels and runs must be locate…

General category INDUSTRIAL
Top alternative use upside
Medical building $1.4M +23.0%
Office building $1.2M +2.5%

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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