You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $4,645,000
Hotels

4760 Showcase Blvd Memphis, TN 38118-8400

27,772 SF 1.53 ac lot Built 1999
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US80-3472172
Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 1999
Total area 27,772 SF
Lot 1.53 ac (66,821 SF)
Zoning code CMU-3
APN 074-001- - -00229
UPID US80-3472172
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
  • Fairfield Inn & Suites Memphis I-240 & Perkins Hotel & Motel
  • Nini Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.07M
CAP Approach CAP
$3.22M
Comparable Approach Comparable
$2.81M
Blend (final) Blend
$4.65M
Owner & transaction history
Newgen Bhakta LLC · 4 yrs held
Newgen Bhakta LLC
since 2022
Last sale
$6.0M
7 recorded transactions
2022
$6.0M
2018
Price N/A
2017
$4.3M
2015
$3.1M
2013
$4.2M
2007
$4.6M
1969
Price N/A
Zoning & alternative use
CMU-3 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

3. Commercial Mixed Use - 3 (CMU-3) The CMU -3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require highly visible and highly accessible locations with direct access to arterials. Residential uses are allowed on the ground floor but upper -story units are encouraged. Typical uses in this…

Zone name Commercial Mixed Use 3
General category MIXED_USE
Zone area 4,582.25 ac
Source CHAPTER 1
Top alternative use upside
Medical building $4.0M +110.1%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4760 Showcase Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message