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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
4340 Raleigh Millington Rd, Memphis, TN 38128
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-2031856
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1933
Construction
FRAME
Total area
1,072 SF
Lot
8.94 ac (389,426 SF)
Zoning code
RU-2
APN
090-030- - -00008-C
UPID
US80-2031856
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
-
Pecan Circle Campground & RV Park
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
Mango Labs Exchange Properties LLC · 2 yrs held
Mango Labs Exchange Properties LLC
since 2024
Last sale
$250,000
7 recorded transactions
Zoning & alternative use
RU-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
$17,544
Tax year 2022
Assessed value
$288,000
Assessed 2023
Previous assessed
$288,000
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$114,240
Assessed improvement
$173,760
Land market value
$285,600
Improvement market value
$434,400
Total market value
$720,000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1933
Construction
FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
1,072 SF
Lot
8.94 ac (389,426 SF)
Zoning code
RU-2
APN
090-030- - -00008-C
UPID
US80-2031856
Jurisdiction
SHELBY
Zoning & alternative use
RU-2 · Memphis, TN
Zoning RU-2 · permitted uses
RU-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
1933
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
8.94 ac
Current owner
From public records · entity-resolved
Mango Labs Exchange Properties LLC
Entity
Mailing address
3333 N DIGITAL DR STE #260, LEHI, UT 84043-6693
Ownership since
2024
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 4, 2024
—
Mango Labs Exchange Properties LLC
Mango Labs LLC
Quit Claim Deed
related
$4,385,000 · Five Star Bank
Jan 12, 2023
$250,000
Mago Labs LLC
Pecan Mhp Memohis Tn LLC
Special Warranty Deed
—
Apr 8, 2021
$1,100,000
Pecan Circle Mhp Memphis Tn LLC
Memphis Communities LLC
Warranty Deed
—
Sep 2, 2016
$2,040,939
25 West LLC
Memphis Communities LLC
Grant Deed
—
Aug 10, 2016
$9,753,500
Memphis Communities LLC
Moore Communities LLC
Grant Deed
$8,690,000 · Private Individual
Feb 20, 2007
—
Moore Communities LLC
Moore,richard C JR
Quit Claim Deed
related
—
—
—
Moore Communities LLC
—
Deed Of Trust
related
$1,785,200 · Us Small Business Admn
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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