Property profile

5294 Us Hwy 51st N Memphis, TN 38127

OFF-MARKET
Hotels
Property ID
US80-0166561
3,400 SF 4.7 ac lot Built 1937
Entity Owned Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1937
Total area 3,400 SF
Lot 4.7 ac (204,732 SF)
Zoning code IH
APN D01-35 - - -00193
UPID US80-0166561

Cap rate & NOI

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

Location

5294 Us Hwy 51st N Memphis, TN 38127
Memphis metro Census 20221 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$205k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$205k

Owner & transaction history

Zoning & alternative use

IH · Memphis, TN
Zoning description

1. In the CA, CMU, EMP, WD, IH districts, outdoor runs are permitted. 2. In all other districts, outdoor runs are not permitted. All overnight care of animals must occur indoors. All pens, kennels and runs must be locate…

General category MIXED_USE

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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