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Property profile & analytics
OFF-MARKET Estimated value $225,000
Drive through restaurants

4309 American Way Memphis, TN 38118-2901

1,180 SF 0.54 ac lot Built 1990
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US80-3482305
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1990
Total area 1,180 SF
Lot 0.54 ac (23,348 SF)
Zoning code CMU-2
APN 073-022- -D-00043
UPID US80-3482305
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
  • Sergi Tire Repair (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k
Owner & transaction history
Kia Properties LLC · 19 yrs held
Kia Properties LLC
since 2007
4 recorded transactions
2007
$100,000
2005
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CMU-2 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

h. CMU-2 and CBD districts. Any convenience store with gas pumps or gas stations constructed in the CMU-2 and CBD districts after the effective date of this ordinance (ZTA 21 -2) or reactivated after one year of discontinuance or whose convenience store is reconstructed or relocated shall require the issuance of a Special Use Permit, except in situations whe…

Zone name Commercial Mixed Use 2
General category MIXED_USE
Zone area 2,993.47 ac
Source CHAPTER 1
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