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Property profile & analytics
OFF-MARKET
Car washes
434 Germantown Pkwy Memphis, TN 38120
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-2850688
Property profile
Verified
Property type
Car washes
Use group
CAR WASH - AUTOMATED
Year built
2014
Total area
2,774 SF
Lot
0.75 ac (32,670 SF)
Zoning code
CMU-2
APN
091-112- - -00280
UPID
US80-2850688
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
Awwre Cordova LLC · 7 yrs held
Awwre Cordova LLC
since 2019
7 recorded transactions
Zoning & alternative use
CMU-2 · 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
$20,068
Tax year 2022
Assessed value
$329,440
Assessed 2023
Previous assessed
$329,440
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$64,680
Assessed improvement
$264,760
Land market value
$161,700
Improvement market value
$661,900
Total market value
$823,600
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
Car washes
Use group
CAR WASH - AUTOMATED
Status
Off-Market
Year built
2014
Heating
NONE
Cooling
NONE
Stories
1
Total area
2,774 SF
Lot
0.75 ac (32,670 SF)
Zoning code
CMU-2
APN
091-112- - -00280
UPID
US80-2850688
Jurisdiction
SHELBY
Zoning & alternative use
CMU-2 · Memphis, TN
Zoning CMU-2 · permitted uses
CMU-2 · 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
2014
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Awwre Cordova LLC
Entity
Mailing address
2424 RDG RD, ROCKWALL, TX 75087-5116
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2019
$3,070,866
Awwre Cordova LLC
Imo Us South LLC
Grant Deed
$1,995,000 · First Internet Bk/in
Mar 2, 2018
—
Imo Us South LLC
—
Grant Deed
related
$300,000,000 · Goldman Sachs Bk USA
Aug 20, 2015
$29,040,000
Imo Us South LLC
Car Wash USA Express Holdings
Grant Deed
—
Sep 18, 2014
$174,174
Car Wash Invtrs Fund Mid-south
Gower Grace N Trust
Grant Deed
related
$2,500,000 · Centennial Bk
—
—
Imo Us South LLC
—
Deed Of Trust
related
$15,000,000 · Centennial Bk
—
—
Imo Us South LLC
—
Loan Modification
related
$23,883,000 · Centennial Bk
—
—
Imo Us South LLC
—
Deed Of Trust
related
$1,000,000 · Goldman Sachs Bk USA
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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