Property summary
This exceptional 2,400 square foot restaurant located at 5175 Millbranch Rd, Memphis, TN 38116, is offered at $650,000. Situated in the thriving Whitehaven neighborhood of Shelby County, this turnkey establishment boasts a wealth of recent upgrades, making it an ideal investment opportunity. The property underwent a complete renovation in 2023, including a new roof, new plumbing, new electrical systems, a new water heater, and a brand-new air conditioning unit. Furthermore, the sewer lines… have been replaced, ensuring the property's long-term functionality and minimizing potential maintenance costs. All kitchen equipment is also from early 2023, providing a modern and efficient workspace for culinary operations. The asking price of $650,000 translates to $270.83 per square foot, reflecting the value of the recent renovations and the prime location within a rapidly developing area. This restaurant presents a unique chance to acquire a fully updated, move-in ready commercial property in a high-growth market. The property's excellent condition and modern amenities minimize the need for immediate capital expenditures, allowing for a swift and seamless transition into operations. This is a rare opportunity to own a well-maintained, fully equipped restaurant in a desirable Memphis location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 17 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,618 SF
- Lot area
- 0.34 ac
- Year built
- 1969
- Stories
- 1
- APN
- 079-097- - -00022
- Zoning
- CMU-1
- Assessed value · 2023
- $40,200
- Annual tax · 2022
- $2,449
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
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 □ □…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
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