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Property profile & analytics
OFF-MARKET
Turn key restaurants

348 Main St Memphis, TN 38103-1530

5,000 SF 0.04 ac lot Built 1900
Individually Owned 5-yr Hold Free & Clear
Property ID
US80-2057676
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Total area 5,000 SF
Lot 0.04 ac (1,830 SF)
Zoning code MU
APN 001-026- - -00014
UPID US80-2057676
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
  • State Farm Insurance Insurance Agency
  • Harvest Creative Advertising Agency Marketing & Advertising
  • Dicot Architecture Architect
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
James Daniol Brown · 5 yrs held
James Daniol Brown
since 2021
Last sale
$450,000
6 recorded transactions
2021
$450,000
2009
$95,000
2007
$95,000
2006
Price N/A
2006
$168,479
2003
$151,000
Zoning & alternative use
MU · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C. Mixed Use (MU) The MU District is intended to accommodate physically integrated uses. Permitted land use types include commercial, townhouses, apartments, and institutions. The ideal model consists of building(s) with retail or restaurant uses on the ground floor and office and/or residential uses on the upper floors. D. Commercial Mixed Use (CMU-) The co…

Zone name Mixed Use
General category MIXED_USE
Zone area 418.40 ac
Source CHAPTER 1
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