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Property profile & analytics
OFF-MARKET
Day care centers
3459 Carrington Rd Memphis, TN 38111-4103
Individually Owned
9-yr Hold
Property ID
US80-2549278
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1939
Construction
FRAME
Total area
1,495 SF
Lot
0.19 ac (8,320 SF)
Zoning code
R-6
APN
058-002- - -00008
UPID
US80-2549278
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
-
Eatery on southern Restaurant
-
My Cred it Repair in Memphis, TN Consultant
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
Kevin Wang · 9 yrs held
Kevin Wang
since 2016
7 recorded transactions
Zoning & alternative use
R-6 · 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
$1,233
Tax year 2022
Assessed value
$20,240
Assessed 2023
Previous assessed
$20,240
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$8,680
Assessed improvement
$11,560
Land market value
$21,700
Improvement market value
$28,900
Total market value
$50,600
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1939
Construction
FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
1
Rooms
8
Bathrooms
2
Total area
1,495 SF
Lot
0.19 ac (8,320 SF)
Zoning code
R-6
APN
058-002- - -00008
UPID
US80-2549278
Jurisdiction
SHELBY
Zoning & alternative use
R-6 · Memphis, TN
Zoning R-6 · permitted uses
R-6 · 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
1939
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
8
Bathrooms
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Kevin Wang
Individual
Mailing address
1359 VANDYKE RD, SAN MARINO, CA 91108-2746
Ownership since
2016
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
Aug 1, 2016
$45,000
Kevin Wang
Schapker,danny
Warranty Deed
$25,000 · Raymond Tsai
Jul 18, 2014
$21,111
Danny Schapker
Hud-housing Of Urban Dev
Grant Deed
—
Apr 22, 2014
$13,650
Hud-housing Of Urban Dev
Shapiro & Kirsch LLP
Trustees Deed
related
—
Feb 7, 2007
$34,000
Talmadge Properties LLC
Servicelink
Grant Deed
—
Nov 14, 2006
$54,000
Federal Home Loan Mtg Corp
Weller,joe
Trustees Deed
related
—
Mar 11, 2002
$35,000
Harold J Weller
Brooks Trust
Grant Deed
—
—
—
Talmadge Properties LLC
—
Deed Of Trust
related
$45,000 · Renasant Bank
—
—
Joe Weller
—
Deed Of Trust
related
$55,200 · National Bank Commerce Tr & Sa
—
—
Kevin Wang
—
Deed Of Trust
related
$48,000 · Guaranteed Rate
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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