Entity Owned Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1989
Total area
56,502 SF
Lot
4.23 ac (184,259 SF)
Zoning code
EMP
APN
093-413- -A-00003-C
UPID
US80-0962456
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
IT Consulting Firm (Bike/Boat/Book/etc) Store
-
Engineering Consultant
-
Tech Support Center IT Consulting Firm
-
Photography Service (Bike/Boat/Book/etc) Store
-
Food Broker
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.67M
CAP Approach
CAP
$8.84M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.98M
Owner & transaction history
since 2022
Last sale
$12.6M
2 recorded transactions
Zoning & alternative use
EMP · Memphis, TN
Zoning description
1. In the CA, CMU, EMP, WD, IH districts, outdoor runs are permitted. 2. In all other districts, outdoor runs are not permitted. All overnight care of animals must occur indoors. All pens, kennels and runs must be locate…
General category
INDUSTRIAL
Top alternative use upside
Medical building
$8.1M
+248.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$9.98M
Value range
$8.98M – $10.98M
±10% around blend
Estimated value / SF
$177 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$8.98M
blend $9.98M
$10.98M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
56,502 SF
Lot area
4.23 ac
Year built
1989
Stories
1
APN
093-413- -A-00003-C
Zoning
EMP
Assessed value
$736,120
Annual tax
$44,842
3
Income approach: direct capitalization
Partial preview
Income approach indication
$8.84M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$9.58M
@ 6.5% CAP return
$8.84M
@ 7% CAP return
$8.21M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$9.98M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 113 sales
$41
+330%
County 133 sales
$40
+341%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $177/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+248%
vs current-use indication
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
5.80%
Implied, in-place cap rate for this industrial properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.80%
9.0%
NOI (est.)
$879k *
Last sale · Nov 2022
$12.55M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$15.15M
Move the market yield to see immediate price impact.
Value / SF
$268
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.30%5.80%6.30%
$791k
$14.92M
$13.63M
$12.55M
$879k
$16.58M
$15.15M
$13.94M
$966k
$18.23M
$16.66M
$15.34M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$44,842
Tax year 2022
Assessed value
$736,120
Assessed 2023
Previous assessed
$736,120
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$74,880
Assessed improvement
$661,240
Land market value
$187,200
Improvement market value
$1,653,100
Total market value
$1,840,300
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
1989
Heating
SPACE
Cooling
NONE
Stories
1
Total area
56,502 SF
Lot
4.23 ac (184,259 SF)
Zoning code
EMP
APN
093-413- -A-00003-C
UPID
US80-0962456
Jurisdiction
SHELBY
Zoning & alternative use
EMP · Memphis, TNZoning EMP · permitted uses
EMP · Memphis, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
1. In the CA, CMU, EMP, WD, IH districts, outdoor runs are permitted. 2. In all other districts, outdoor runs are not permitted. All overnight care of animals must occur indoors. All pens, kennels and runs must be locate…
General category
INDUSTRIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Heating
SPACE
Cooling
Yes
Stories
1
Lot
4.23 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
EMP
INDUSTRIAL
Jurisdiction
Memphis, TN
Recorded code
EMP
Official district
EMP
Official district profile
What the municipal code says about EMP
Zoning description
1. In the CA, CMU, EMP, WD, IH districts, outdoor runs are permitted. 2. In all other districts, outdoor runs are not permitted. All overnight care of animals must occur indoors. All pens, kennels and runs must be locate…
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for EMP in Memphis, TN.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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