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Property profile & analytics
OFF-MARKET Estimated value $835,000
Retail space

5245 Riverdale Rd Memphis, TN 38141-8551

8,480 SF 1.47 ac lot Built 2013
Entity Owned 2-yr Hold Free & Clear
Property ID
US80-0740905
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2013
Total area 8,480 SF
Lot 1.47 ac (64,033 SF)
Zoning code CMU-2
APN D02-55 - - -00232
UPID US80-0740905
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$810k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.11M
Blend (final) Blend
$835k
Owner & transaction history
Beruk Properties INC · 2 yrs held
Beruk Properties INC
since 2023
Last sale
$865,000
3 recorded transactions
2023
$865,000
2013
$1.7M
2013
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
Top alternative use upside
Medical building $1.2M +72.4%
Office building $1.0M +43.8%
Auto repair, garage $820,000 +16.8%
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