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Property profile & analytics
OFF-MARKET
Retail space
4200 Outland Rd Memphis, TN 38118-7014
Individually Owned
5-yr Hold
Free & Clear
Property ID
US80-1077791
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1983
Total area
3,000 SF
Lot
0.51 ac (21,998 SF)
Zoning code
IH
APN
093-410- -A-00004
UPID
US80-1077791
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
Ralph A Washington · 5 yrs held
Ralph A Washington
since 2020
Last sale
$60,000
7 recorded transactions
Zoning & alternative use
IH · 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
$2,520
Tax year 2022
Assessed value
$41,360
Assessed 2023
Previous assessed
$41,360
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$13,200
Assessed improvement
$28,160
Land market value
$33,000
Improvement market value
$70,400
Total market value
$103,400
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1983
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
3,000 SF
Lot
0.51 ac (21,998 SF)
Zoning code
IH
APN
093-410- -A-00004
UPID
US80-1077791
Jurisdiction
SHELBY
Zoning & alternative use
IH · Memphis, TN
Zoning IH · permitted uses
IH · 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
1983
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Ralph A Washington
Individual
Free & Clear · 5 yrs held
Mailing address
7465 HEDGINGTON DR, MEMPHIS, TN 38125-3560
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2022
—
Dion Washington
—
Deed
related
—
Nov 6, 2020
—
Ralph A Washington
Ralph A Washington
Quit Claim Deed
related
—
Dec 10, 2018
—
Ralph Washington
Washington,dion
Quit Claim Deed
related
—
Jul 20, 2018
—
Dion Washington
—
Deed
related
$35,000 · Financial Planning Grp/memphis
May 24, 2018
$60,000
Ralph Washington
Patton Michael C|high,david L
Trustees Deed
—
Aug 22, 2001
—
David L High
High,harry O & Bonnie S
Quit Claim Deed
related
$275,000 · Union Planters National Bank
—
—
David L High
—
Deed Of Trust
related
$325,000 · Trust One Bank
—
—
High,david L
—
Deed Of Trust
related
$318,750 · First Tn Bk
—
—
Dion Washington
—
Deed Of Trust
related
$35,000 · Financial Planning Grp/memphis
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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