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Property profile & analytics
OFF-MARKET Estimated value $605,000
Auto shops

5408 Pleasant Vw Rd Memphis, TN 38134-6401

6,716 SF 0.86 ac lot Built 1981
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US80-1495595
Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1981
Total area 6,716 SF
Lot 0.86 ac (37,331 SF)
Zoning code EMP
APN 088-063- - -00042
UPID US80-1495595
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
  • Memphis Auto body Collision Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$570k
CAP Approach CAP
by Request
Comparable Approach Comparable
$414k
Blend (final) Blend
$605k
Owner & transaction history
Herrera Hernandez LLC · 2 yrs held
Herrera Hernandez LLC
since 2023
Last sale
$630,000
3 recorded transactions
2023
$630,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
EMP · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 located within an enclosed building. I. Art or Photo Studio or Gallery The following standards apply to art or photo studios or galleries permitte…

Zone name Employment
General category INDUSTRIAL
Zone area 20,883.36 ac
Source CHAPTER 1
Top alternative use upside
Medical building $960,000 +47.6%
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