Back to Search
Property profile & analytics
OFF-MARKET
Office buildings
5079 Old Summer Rd Memphis, TN 38122-4404
Entity Owned
Property ID
US80-1106109
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1952
Construction
FRAME
Total area
1,518 SF
Lot
1.95 ac (84,942 SF)
Zoning code
EMP
APN
063-058- - -00009
UPID
US80-1106109
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
-
Med-Care Ambulance Inc. Ambulance Service
-
Professional Towing and Recovery LLC Auto Repair Shop
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
M And M Concrete Services INC
M And M Concrete Services INC
since 2026
Last sale
$770,000
7 recorded transactions
Zoning & alternative use
EMP · 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
$9,557
Tax year 2022
Assessed value
$156,880
Assessed 2023
Previous assessed
$156,880
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$88,320
Assessed improvement
$68,560
Land market value
$220,800
Improvement market value
$171,400
Total market value
$392,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1952
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Rooms
3
Bathrooms
1
Total area
1,518 SF
Lot
1.95 ac (84,942 SF)
Zoning code
EMP
APN
063-058- - -00009
UPID
US80-1106109
Jurisdiction
SHELBY
Zoning & alternative use
EMP · Memphis, TN
Zoning EMP · permitted uses
EMP · 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
1952
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Rooms
3
Bathrooms
1
Lot
1.95 ac
Current owner
From public records · entity-resolved
M And M Concrete Services INC
Entity
Mailing address
2171 JUDICIAL DR STE #101, GERMANTOWN, TN 38138-3800
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2026
$770,000
M And M Concrete Services INC
Sht LLC
Warranty Deed
$616,000 · Bank Of Bartlett
May 22, 2025
$695,000
Sht LLC
Timley Transport LLC
Warranty Deed
—
Mar 12, 2020
$400,000
Timely Transport LLC
James Wiley
Warranty Deed
$470,646 · Renasant Bk
Sep 12, 2019
—
Med Care Ambulance INC
—
Deed
related
$201,758 · Landmark Cmnty Bk
Aug 29, 2017
—
Med-care Ambulance INC
—
Deed
related
$235,335 · Landmark Cmnty Bk
Mar 24, 2004
—
Med-care Ambulance INC
—
Trustees Deed
related
$130,000 · National Bank Commerce Tr & Sa
Nov 19, 1998
$265,000
James E Wiley
Lazarov,elizabeth F
Grant Deed
$235,000 · Individual
—
—
Med-care Ambulance INC
—
Deed Of Trust
related
$100,000 · Landmark Community Bank
—
—
Med Care Ambulance INC
—
Loan Modification
related
$201,758 · Landmark Cmnty Bk
—
—
Med-care Ambulance INC James E
—
Loan Modification
related
$200,000 · Landmark Community Bank
—
—
Med-care Ambulance INC
—
Deed Of Trust
related
$240,000 · Landmark Community Bank
—
—
Med-care Ambulance INC
—
Loan Modification
related
$235,335 · Landmark Cmnty Bk
—
—
Med-care Ambulance INC
—
Deed Of Trust
related
$184,803 · National Bank Commerce Tr & Sa
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
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 5079 Old Summer Rd?
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 →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
