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Property profile & analytics
OFF-MARKET Estimated value $355,000
Auto shops

5113 Raleigh Lagrange Rd Memphis, TN 38134-5625

6,000 SF 0.58 ac lot Built 2001
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US80-3119124
Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2001
Total area 6,000 SF
Lot 0.58 ac (25,091 SF)
Zoning code CMU-2
APN 088-031- - -00041
UPID US80-3119124
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
  • Express Tire & Mechanic Center Auto Repair Shop
  • Memphis Express Towing Auto Repair Shop
  • Fresno Tires Shop Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k
Owner & transaction history
Maureen L Wheatley · 4 yrs held
Maureen L Wheatley
since 2022
Last sale
$449,000
7 recorded transactions
2022
Price N/A
2022
$449,000
2018
Price N/A
2008
$550,000
2004
$406,748
2004
$220,000
1969
Price N/A
Zoning & alternative use
CMU-2 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

h. CMU-2 and CBD districts. Any convenience store with gas pumps or gas stations constructed in the CMU-2 and CBD districts after the effective date of this ordinance (ZTA 21 -2) or reactivated after one year of discontinuance or whose convenience store is reconstructed or relocated shall require the issuance of a Special Use Permit, except in situations whe…

Zone name Commercial Mixed Use 2
General category MIXED_USE
Zone area 2,993.47 ac
Source CHAPTER 1
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