Individually Owned Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1930
Total area
6,600 SF
Lot
0.6 ac (26,180 SF)
Zoning code
SE
APN
007-005- - -00008
UPID
US80-0822313
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$860k
Blend (final)
Blend
$780k
Owner & transaction history
since 2013
2 recorded transactions
Zoning & alternative use
SE · Memphis, TN
Zoning description
7.2.1 Sports and Entertainment (SE) District Memphis/Shelby County Unified Development Code 294 ZTA 24-2 7.2 SOUTH CENTRAL BUSINESS IMPROVEMENT DISTRICT (SCBID) Sports and Entertainment (SE) District A. Boundaries As ind…
General category
UNKNOWN
Top alternative use upside
Medical building
$945,000
+47.6%
Office building
$670,000
+5.0%
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.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$780k
Value range
$702k – $858k
±10% around blend
Estimated value / SF
$118 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$702k
blend $780k
$858k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,600 SF
Lot area
0.6 ac
Year built
1930
Stories
1
APN
007-005- - -00008
Zoning
SE
Assessed value
$136,240
Annual tax
$8,299
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$860k
Range $248k – $1.22M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$780k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 238 sales
$97
+22%
County 265 sales
$100
+18%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $118/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
+48%
vs current-use indication
Office Building
Auto Repair, Garage · current use
Apartment House (5+ Units)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
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: replacement-cost inputs are not on file.
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
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$136k
Move the market yield to see immediate price impact.
Value / SF
$21
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
5.00%7.00%9.00%
$9k
$172k
$123k
$95k
$10k
$191k
$136k
$106k
$10k
$210k
$150k
$117k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$8,299
Tax year 2022
Assessed value
$136,240
Assessed 2023
Previous assessed
$136,240
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$130,880
Assessed improvement
$5,360
Land market value
$327,200
Improvement market value
$13,400
Total market value
$340,600
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1930
Heating
SPACE
Cooling
NONE
Buildings
2
Stories
1
Total area
6,600 SF
Lot
0.6 ac (26,180 SF)
Zoning code
SE
APN
007-005- - -00008
UPID
US80-0822313
Jurisdiction
SHELBY
Zoning & alternative use
SE · Memphis, TNZoning SE · permitted uses
SE · Memphis, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
7.2.1 Sports and Entertainment (SE) District Memphis/Shelby County Unified Development Code 294 ZTA 24-2 7.2 SOUTH CENTRAL BUSINESS IMPROVEMENT DISTRICT (SCBID) Sports and Entertainment (SE) District A. Boundaries As ind…
General category
UNKNOWN
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
1930
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.6 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
SE
UNKNOWN
Jurisdiction
Memphis, TN
Recorded code
SE
Official district
SE
Official district profile
What the municipal code says about SE
Zoning description
7.2.1 Sports and Entertainment (SE) District Memphis/Shelby County Unified Development Code 294 ZTA 24-2 7.2 SOUTH CENTRAL BUSINESS IMPROVEMENT DISTRICT (SCBID) Sports and Entertainment (SE) District A. Boundaries As ind…
General category
UNKNOWN
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for SE 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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