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Property profile & analytics
OFF-MARKET
Office buildings
5501 Murray Ave Memphis, TN 38119-3703
Individually Owned
2-yr Hold
Free & Clear
Property ID
US80-0521479
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Total area
2,471 SF
Lot
0.35 ac (15,202 SF)
Zoning code
OG
APN
056-058- - -00003-C
UPID
US80-0521479
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
-
Zach Jaworski - State Farm Insurance Agent Insurance Agency
-
Agency For Youth & Family Child Welfare Organization Charitable Organization
-
Houpt Construction Business Management Consultant
-
SERVPRO of East Memphis Hardware & Home Improvement Construction Company
-
Omonomany Publishing House
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
Zachary And Elyse Jaworski Living T · 2 yrs held
Zachary And Elyse Jaworski Living T
since 2024
Last sale
$350,000
6 recorded transactions
Zoning & alternative use
OG · 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
$8,229
Tax year 2022
Assessed value
$135,080
Assessed 2023
Previous assessed
$135,080
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$72,640
Assessed improvement
$62,440
Land market value
$181,600
Improvement market value
$156,100
Total market value
$337,700
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1982
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
2,471 SF
Lot
0.35 ac (15,202 SF)
Zoning code
OG
APN
056-058- - -00003-C
UPID
US80-0521479
Jurisdiction
SHELBY
Zoning & alternative use
OG · Memphis, TN
Zoning OG · permitted uses
OG · 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
1982
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Zachary And Elyse Jaworski Living T
Individual
Free & Clear · 2 yrs held
Mailing address
10168 HIDDEN BND CV, COLLIERVILLE, TN 38017-5222
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2024
—
Zachary And Elyse Jaworski Living T
Zach Jaworski
Quit Claim Deed
related
—
Jul 1, 2020
—
Zach Jaworski
—
Deed
related
—
Nov 17, 2017
$350,000
Zach Jaworski
Varangon Corp
Warranty Deed
$391,000 · Community Bk N Ms
Jan 4, 2010
$310,000
Varangon Corp
W & B Management Co
Warranty Deed
$248,000 · Paragon National Bank
—
—
Zach Jaworski
—
Loan Modification
related
—
—
—
Varangon Corp
—
Deed Of Trust
related
$1,352,512 · Landmark Community 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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