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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Grocery and convenience stores
4580 Winchester Rd Memphis, TN 38118-5217
Individually Owned
2-yr Hold
Free & Clear
Property ID
US80-0097937
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1976
Total area
4,224 SF
Lot
0.68 ac (29,447 SF)
Zoning code
CMU-2
APN
073-076- - -00017
UPID
US80-0097937
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
-
Fast Check Grocery & Convenience Store
-
ATM Atm
-
Vigo Bank Credit Union
-
Bitcoin Depot | Bitcoin ATM Atm Crypto Atm
-
La Panza Feliz (food truck ) Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
$780k
Comparable Approach
Comparable
$852k
Blend (final)
Blend
$610k
Owner & transaction history
Bilal Wahab · 2 yrs held
Bilal Wahab
since 2023
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
CMU-2 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$605,000
+309.2%
Auto repair, garage
$410,000
+177.3%
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
$580,000
ML approach
$505,000
CAP Approach
CAP Return
Estimation
6%
$845,000
6.5%
$780,000
7%
$725,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$605,000
Change: +309% · Conversion: Difficult
AUTO REPAIR, GARAGE
$410,000
Change: +177% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±10% · vs last sale $600k (Oct 13 2023)
Last sale anchor
$600k
Oct 13 2023
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
$144 / 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
$14,357
Tax year 2022
Assessed value
$235,680
Assessed 2023
Previous assessed
$235,680
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$73,720
Assessed improvement
$161,960
Land market value
$184,300
Improvement market value
$404,900
Total market value
$589,200
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1976
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
4,224 SF
Lot
0.68 ac (29,447 SF)
Zoning code
CMU-2
APN
073-076- - -00017
UPID
US80-0097937
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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$605,000
AUTO REPAIR, GARAGE
Est. value
$410,000
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1976
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Bilal Wahab
Individual
Free & Clear · 2 yrs held
Mailing address
8775 CARROLLWOOD LN E, CORDOVA, TN 38016-4628
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2023
—
Bilal Wahab
Bilai Wahab
Intrafamily Transfer
related
—
Nov 25, 2020
—
Bilal Wahab
Bilal Wahab
Quit Claim Deed
related
—
Feb 2, 2016
$600,000
Bilal Wahab
Alaina,abedalsalam
Warranty Deed
—
Jul 1, 2013
—
Abedalsalam Alaina
Alaina,maher
Quit Claim Deed
related
—
Feb 22, 2005
$300,000
Maher Alaina
Crp INC
Warranty Deed
$200,000 · Couloubaritsis & Couloubaritsi
Dec 16, 2003
$275,000
Crp INC
Hjl
Grant Deed
$260,000 · Couloubaritisis & Couloubarits
—
—
Bilal Wahab
—
Deed Of Trust
related
$742,500 · Financial Fed'l Bk
—
—
Bilal A Wahab
—
Loan Modification
related
$658,286 · Financial Fed'l Bk
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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