Property profile

344 Floyd Ave Memphis, TN 38103

OFF-MARKET
Auto shops
Property ID
US80-0509904
13,333 SF 0.41 ac lot Built 1958
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1958
Total area 13,333 SF
Lot 0.41 ac (17,642 SF)
Zoning code SE
APN 005-001- - -00010
UPID US80-0509904

Cap rate & NOI

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

Location

344 Floyd Ave Memphis, TN 38103-8903
Memphis metro Census 11402 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$757k
Blend (final) Blend
$305k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2020
Price N/A
2020
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

SE · Memphis, TN
Zoning description

7.2.1 Sports and Entertainment (SE) District Memphis/Shelby County Unified Development Code 294 ZTA 24-2 7.2 SOUTH CENTRAL BUSINESS IMPROVEMENT DISTRICT (SCBID) Sports and Entertainment (SE) District A. Boundaries As ind…

General category UNKNOWN

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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