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Property profile & analytics
OFF-MARKET
Day care centers
5270 Mendenhall Park Pl Memphis, TN 38115-5904
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-3202369
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1988
Total area
4,131 SF
Lot
0.35 ac (15,159 SF)
Zoning code
EMP
APN
093-406- -F-00012
UPID
US80-3202369
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
-
Spice Scholars High School Daycare Center
-
Powerhouse Learning Academy Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
T Harris Real Estate LLC · 3 yrs held
T Harris Real Estate LLC
since 2023
Last sale
$175,000
7 recorded transactions
Zoning & alternative use
EMP · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Memphis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Memphis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$5,524
Tax year 2022
Assessed value
$90,680
Assessed 2023
Previous assessed
$90,680
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$12,320
Assessed improvement
$78,360
Land market value
$30,800
Improvement market value
$195,900
Total market value
$226,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1988
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
4,131 SF
Lot
0.35 ac (15,159 SF)
Zoning code
EMP
APN
093-406- -F-00012
UPID
US80-3202369
Jurisdiction
SHELBY
Zoning & alternative use
EMP · Memphis, TN
Zoning EMP · permitted uses
EMP · Memphis, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Memphis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
T Harris Real Estate LLC
Entity
Mailing address
5270 MENDENHALL PARK PL, MEMPHIS, TN 38115-5904
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2023
$175,000
T Harris Real Estate LLC
Bcs Investments LLC
Warranty Deed
$140,000 · Cadence Bank NA
May 13, 2022
—
Shannon A Brown
—
Deed
related
$77,903 · Bcs Investments LLC
Feb 1, 2017
—
Bcs Investments LLC
—
Deed
related
$136,000 · Patriot Bk
Jan 3, 2017
$130,000
Bcs Investments LLC
Triple Creek Properties LLC
Warranty Deed
—
Nov 4, 2016
$100,000
Triple Creek Properties LLC
Smith Bryan K|de & Los Juz 4 Kidz Learning
Trustees Deed
—
Apr 10, 2008
$255,000
De Learning
Hughes Trust
Warranty Deed
$230,000 · Hughes Trust (tr)
—
—
Bcs Investments LLC
—
Deed Of Trust
related
$136,000 · Patriot Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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