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Property profile & analytics
OFF-MARKET
Auto shops
3518 Jackson Ave Memphis, TN 38122-1143
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-1565719
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1956
Total area
1,296 SF
Lot
0.21 ac (9,060 SF)
Zoning code
CMU-3
APN
043-009- - -00083
UPID
US80-1565719
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
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
Oak Street Properties LLC · 2 yrs held
Oak Street Properties LLC
since 2024
Last sale
$260,000
5 recorded transactions
Zoning & alternative use
CMU-3 · 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
$1,277
Tax year 2022
Assessed value
$20,960
Assessed 2023
Previous assessed
$20,960
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$9,280
Assessed improvement
$11,680
Land market value
$23,200
Improvement market value
$29,200
Total market value
$52,400
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1956
Heating
FORCED AIR
Cooling
NONE
Stories
1
Total area
1,296 SF
Lot
0.21 ac (9,060 SF)
Zoning code
CMU-3
APN
043-009- - -00083
UPID
US80-1565719
Jurisdiction
SHELBY
Zoning & alternative use
CMU-3 · Memphis, TN
Zoning CMU-3 · permitted uses
CMU-3 · 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
1956
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Oak Street Properties LLC
Entity
Mailing address
1045 S YATES RD #101, MEMPHIS, TN 38119-3707
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2024
$260,000
Oak Street Properties LLC
Jared Smith
Special Warranty Deed
$215,173 · First Citizens National Bank
Aug 2, 2023
—
Jared Smith
Performance Property Management LLC
Quit Claim Deed
related
—
Aug 2, 2023
$240,000
Jared Smith
Performance Property Management LLC
Special Warranty Deed
$240,000 · Daniel Foster
Jan 10, 2023
—
Performance Property Management LLC
—
Deed
related
$120,000 · Paragon Bank
Aug 30, 2022
$150,000
Performance Property Management LLC
Mario J Mccraw
Warranty Deed
$140,000 · Performance Property Management LLC
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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