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Property profile & analytics
OFF-MARKET
Warehouses
3545 Hickory Hl Rd Memphis, TN 38115-3832
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-3552664
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1999
Total area
5,820 SF
Lot
7.08 ac (308,405 SF)
Zoning code
RU-3
APN
093-400- - -00578-C
UPID
US80-3552664
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
-
Public Storage Storage Facility
-
SameDay-FlowerDelivery Florist Wedding Service
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
Hickory Hill LLC · 7 yrs held
Hickory Hill LLC
since 2018
7 recorded transactions
Zoning & alternative use
RU-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
$96,879
Tax year 2022
Assessed value
$1,590,360
Assessed 2023
Previous assessed
$1,590,360
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$212,840
Assessed improvement
$1,377,520
Land market value
$532,100
Improvement market value
$3,443,800
Total market value
$3,975,900
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1999
Heating
NONE
Cooling
NONE
Buildings
8
Stories
1
Units
17
Total area
5,820 SF
Lot
7.08 ac (308,405 SF)
Zoning code
RU-3
APN
093-400- - -00578-C
UPID
US80-3552664
Jurisdiction
SHELBY
Zoning & alternative use
RU-3 · Memphis, TN
Zoning RU-3 · permitted uses
RU-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
1999
Heating
NONE
Cooling
Yes
Stories
1
Buildings
8
Units
17
Lot
7.08 ac
Current owner
From public records · entity-resolved
Hickory Hill LLC
Entity
Mailing address
90 EDWARDSVILLE PROF PARK, EDWARDSVILLE, IL 62025-3602
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2026
—
Hickory Hill LLC
—
Deed
related
$5,692,685 · Carrollton Bank
Nov 9, 2022
—
Hickory Hill LLC
—
Deed
related
$9,485,424 · Inb National Association
Nov 19, 2018
$4,800
Hickory Hill LLC
Westport Memphis Self Storage
Trustees Deed
$3,100,000 · First Midwest Bk
Mar 11, 2015
$3,350,000
Westport Memphis Self Storage
Hickory Hill Self Storage LLC
Grant Deed
$1,805,000 · Bank Of America
Sep 29, 2011
$1,800,000
Hickory Hill Self Storage LLC
Ess Prisa II LLC
Grant Deed
$1,350,000 · Virginia Heritage Bank
Jul 27, 2005
—
Ess Prisa II LLC
Susa-tn LLC
Quit Claim Deed
related
—
—
—
Hickory Hill Self Storage LLC
—
Deed Of Trust
related
$1,500,000 · Branch Banking & Trust Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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