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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Strip malls
4312 Winchester Rd Memphis, TN 38118-6243
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US80-0153760
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2003
Total area
25,000 SF
Lot
2.03 ac (88,514 SF)
Zoning code
CMU-1
APN
073-041- - -00180
UPID
US80-0153760
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
$715k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$819k
Blend (final)
Blend
$755k
Owner & transaction history
Alvaro R Gonzalez · 6 yrs held
Alvaro R Gonzalez
since 2020
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
CMU-1 · 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
Method
Estimation
Statistic approach
$620,000
ML approach
$715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$875,000
Current use
Blend value · Realmo final
$755k
Range $680k – $831k · ±10% · vs last sale $750k (Jul 2 2020)
Last sale anchor
$750k
Jul 2 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$30 / SF
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
$25,356
Tax year 2022
Assessed value
$416,240
Assessed 2023
Previous assessed
$416,240
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$130,600
Assessed improvement
$285,640
Land market value
$326,500
Improvement market value
$714,100
Total market value
$1,040,600
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2003
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
25,000 SF
Lot
2.03 ac (88,514 SF)
Zoning code
CMU-1
APN
073-041- - -00180
UPID
US80-0153760
Jurisdiction
SHELBY
Zoning & alternative use
CMU-1 · Memphis, TN
Zoning CMU-1 · permitted uses
CMU-1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$875,000
NEIGHBORHOOD: SHOPPING CENTER Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.03 ac
Current owner
From public records · entity-resolved
Alvaro R Gonzalez
Individual
Mailing address
4056 WILDWOOD DR, MEMPHIS, TN 38111-7330
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
Jul 2, 2020
$750,000
Alvaro R Gonzalez
A J Invesment LLC
Warranty Deed
$650,000 · A J Investment LLC
Jul 28, 2015
$590,000
A J Investment LLC
Lefevre,joshua K
Warranty Deed
$472,000 · First Citizens Nat'l Bk
Jan 5, 2015
$300,000
Joshua K Lefevre
Zions First National Bank
Special Warranty Deed
$334,100 · Commercial Bank & Trust Company
Jun 5, 2014
$422,657
Zions First Natl Bk
Obryan William R JR
Trustees Deed
related
—
Feb 28, 2005
—
Beruk Properties INC
—
Trustees Deed
related
$646,400 · Covenant Bank
Oct 1, 2001
$337,000
Beruk Properties
Oakland Deposit Bank
Trustees Deed
—
Apr 8, 1998
$91,000
Whitehawk LLC
Kelley,jeffrey L
Grant Deed
$150,000 · Oakland Deposit Bank
—
—
Sharla Investors LLC
—
Deed Of Trust
related
$740,000 · Fidelity Bancorp Funding INC
—
—
Beruk Properties INC
—
Deed Of Trust
related
$1,375,000 · Oakland Deposit Bank
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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