Property profile

5119 American Way Memphis, TN 38115

OFF-MARKET
Hotels
Property ID
US80-0029686
20,034 SF 1.63 ac lot Built 1998
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1998
Total area 20,034 SF
Lot 1.63 ac (71,003 SF)
Zoning code R-6
APN 074-001- - -00241
UPID US80-0029686

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Atm
  • Restaurant
  • Hotel & Motel

Location

5119 American Way Memphis, TN 38115-1528
Memphis metro Census 10710 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.15M
Blend (final) Blend
$345k

Owner & transaction history

since 2017
6 recorded transactions
2017
$1.6M
2015
$1.4M
2012
$1.2M
2011
$1.2M
2006
$1.2M
1969
Price N/A

Zoning & alternative use

R-6 · Memphis, TN
Top alternative use upside
Office building $1.7M +21.5%
Neighborhood: shopping center $1.5M +7.8%
Auto repair, garage $1.4M +1.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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