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Property profile & analytics
OFF-MARKET
Estimated value
$4,930,000
Hotels
533 Beale St Memphis, TN 38103-3201
Entity Owned
6-yr Hold
Free & Clear
Property ID
US80-0111064
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1828
Total area
9,396 SF
Lot
2.1 ac (91,476 SF)
Zoning code
SE
APN
007-010- - -00027
UPID
US80-0111064
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
$4.88M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.93M
Owner & transaction history
Union Row Lb LLC · 6 yrs held
Union Row Lb LLC
since 2020
Last sale
$5.3M
7 recorded transactions
Zoning & alternative use
SE · 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
Method
Estimation
Statistic approach
$4,340,000
ML approach
$4,880,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.93M
Range $4.44M – $5.42M · ±10% · vs last sale $5.25M (Feb 3 2020)
Last sale anchor
$5.25M
Feb 3 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$525 / SF
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
$31,348
Tax year 2022
Assessed value
$514,600
Assessed 2023
Previous assessed
$514,600
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$156,640
Assessed improvement
$357,960
Land market value
$391,600
Improvement market value
$894,900
Total market value
$1,286,500
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1828
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
13
Bathrooms
2
Total area
9,396 SF
Lot
2.1 ac (91,476 SF)
Zoning code
SE
APN
007-010- - -00027
UPID
US80-0111064
Jurisdiction
SHELBY
Zoning & alternative use
SE · Memphis, TN
Zoning SE · permitted uses
SE · 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
1828
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
13
Bathrooms
2
Lot
2.1 ac
Current owner
From public records · entity-resolved
Union Row Lb LLC
Entity
Free & Clear · 6 yrs held
Mailing address
2724 CENTRAL AVE, MEMPHIS, TN 38111-1811
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2020
—
Union Row Lb LLC
Hunt Phelan Events LLC
Quit Claim Deed
related
—
Feb 3, 2020
$1,000
Hunt Phelan Events LLC
Memphis Ctr City Revenue Fin C
Quit Claim Deed
related
—
Feb 3, 2020
$5,250,000
Union Row Lb LLC
Hunt Phelan Events LLC
Grant Deed
—
Jun 13, 2005
$227,500
Thomas R Buckner
Hunt-phelan LLC
Grant Deed
$204,750 · Financial Fsb
May 13, 2005
$221,500
Billy M Pullen
Hunt-phelan LLC
Grant Deed
$177,200 · Pulaski Mortgage Co
May 5, 2005
—
Hunt-phelan LLC
Center City Revenue Finance
Quit Claim Deed
related
—
Dec 30, 2004
—
Center City Revenue Finance Co
Hunt-phelan LLC
Quit Claim Deed
related
—
Sep 29, 2004
—
New Residences Of Hunt Phelan Est
Hunt-phelan LLC
Quit Claim Deed
related
—
Sep 30, 2003
—
Huntphelan LLC
Maxwell,john B
Quit Claim Deed
related
—
Sep 30, 2002
$525,000
Maxwell,john B Tr
Henson,blair W
Grant Deed
$530,000 · Insouth Bank
Jul 18, 2002
—
Blair W Henson
Hunt-phelan Home Foundation
Grant Deed
$524,000 · Hunt-phelan Home Foundation
Jun 5, 2000
—
Elvis Presley Enterprises INC
Hunt Phelan Co LLC
Quit Claim Deed
related
—
—
—
Hunt Phelan Events LLC
—
Deed Of Trust
related
$913,500 · Paragon Bk
—
—
Hunt-phelan LLC
—
Deed Of Trust
related
$350,000 · Insouth Bank
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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