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Property profile & analytics
OFF-MARKET Estimated value $300,000
Drive through restaurants

5150 Poplar Ave Memphis, TN 38117-7607

2,464 SF 0.54 ac lot Built 1978
Individually Owned 22-yr Hold Absentee Owner Free & Clear
Property ID
US80-1384759
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1978
Construction FRAME
Total area 2,464 SF
Lot 0.54 ac (23,348 SF)
Zoning code CMU-1
APN 056-035- - -00026
UPID US80-1384759
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
  • Baskin-Robbins Grocery & Convenience Store Specialty Food Shop
  • Dunkin' Cafe & Coffee Shop
  • 5150 Poplar Ave Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k
Owner & transaction history
Eleanora M Waddell · 22 yrs held
Eleanora M Waddell
since 2004
1 recorded transaction
2004
Price N/A
Zoning & alternative use
CMU-1 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

PRINCIPAL USE R6 RU-1 RU-3 CMU-1 CMU-2 CMP-2 Woodworking, including Cabinet Makers and Furniture Manufacturing □ ■ Warehouse □ □ Recycling Drop-off Facility □ □ □ Neighborhood Garden ■ ■ ■ ■ ■ ■ Planned Development1 □ □ □ 1. Planned Developments approved prior to the adoption of the University District Overlay (July 22, 2009) are not affected. Definitions Fo…

Zone name Commercial Mixed Use 1
General category MIXED_USE
Zone area 3,556.17 ac
Source CHAPTER 1
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