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Property profile & analytics
OFF-MARKET
Turn key restaurants

383 Saint Martin St Memphis, TN 38103

8,187 SF 0.18 ac lot Built 1900
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US80-1787488
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Total area 8,187 SF
Lot 0.18 ac (7,884 SF)
Zoning code SM
APN 002-132- - -00001
UPID US80-1787488
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
Rafael Ramirez · 1 yrs held
Rafael Ramirez
since 2025
Last sale
$399,000
2 recorded transactions
2025
$399,000
2009
Price N/A
Zoning & alternative use
SM · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

7.2.2 South Main (SM) District Memphis/Shelby County Unified Development Code 295 ZTA 24-2 Hotel, Bed and Breakfast Retail Sales, Outdoor D. Additional Requirements 1. Adult Entertainment shall not be permitted. 2. Any building, structure, or use is subject to the landscaping requirements of Chapter 4.6, Landscaping and Screening. 3. A drive-thru window shal…

Zone name South Main
General category SPECIAL
Zone area 154.14 ac
Source CHAPTER 1
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