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Property profile & analytics
OFF-MARKET Estimated value $280,000
Auto shops

5095 Covington Way Memphis, TN 38134-5653

2,400 SF 3 ac lot Built 2010
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US80-2741644
Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2010
Total area 2,400 SF
Lot 3 ac (130,680 SF)
Zoning code EMP
APN 088-040- - -00150
UPID US80-2741644
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
  • Carz Inc of Memphis Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k
Owner & transaction history
United Traders INC · 9 yrs held
United Traders INC
since 2016
2 recorded transactions
2019
Price N/A
2016
$175,000
Zoning & alternative use
EMP · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

1. In the CA, CMU, EMP, WD, IH districts, outdoor runs are permitted. 2. In all other districts, outdoor runs are not permitted. All overnight care of animals must occur indoors. All pens, kennels and runs must be located within an enclosed building. I. Art or Photo Studio or Gallery The following standards apply to art or photo studios or galleries permitte…

Zone name Employment
General category INDUSTRIAL
Zone area 20,883.36 ac
Source CHAPTER 1
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