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Property profile & analytics
OFF-MARKET
Estimated value
$1,390,000
Grocery and convenience stores
5620 Riverdale Rd Memphis, TN 38141-8513
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-1687074
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2011
Total area
4,386 SF
Lot
0.89 ac (38,768 SF)
Zoning code
CA
APN
D02-55 - - -00543
UPID
US80-1687074
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
-
Marathon Gas (Fast Mart) Gas Station
-
Fas Mart Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$1.39M
Owner & transaction history
Salam A Wahab · 5 yrs held
Salam A Wahab
since 2020
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
CA · 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
$1,470,000
ML approach
$1,415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.39M
Range $1.25M – $1.53M · ±10% · vs last sale $1.78M (Sep 9 2020)
Last sale anchor
$1.78M
Sep 9 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
$317 / 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
$9,614
Tax year 2022
Assessed value
$283,600
Assessed 2023
Previous assessed
$283,600
+0.0% YoY
Effective rate
3.39%
On assessed value
Assessed land
$31,000
Assessed improvement
$252,600
Land market value
$77,500
Improvement market value
$631,500
Total market value
$709,000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2011
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
4,386 SF
Lot
0.89 ac (38,768 SF)
Zoning code
CA
APN
D02-55 - - -00543
UPID
US80-1687074
Jurisdiction
SHELBY
Zoning & alternative use
CA · Memphis, TN
Zoning CA · permitted uses
CA · 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
2011
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.89 ac
Current owner
From public records · entity-resolved
Salam A Wahab
Individual
Mailing address
PO BOX 343001, MEMPHIS, TN 38184-3001
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2020
$1,775,000
Salam A Wahab
Moafk Alsid
Warranty Deed
—
Jun 29, 2020
—
Moafk M Alsid
—
Deed
related
$1,565,246 · Bank Of Holly Springs
Nov 12, 2019
$1,775,000
Moafk Alsid
5620 Riverdale INC
Warranty Deed
$1,500,000 · Landmark Cmnty Bk
Jul 24, 1998
$320,608
Carruthers & Mays LLC
P & C Oil Co INC
Quit Claim Deed
related
—
—
—
5620 Riverdale INC
—
Deed Of Trust
related
$350,000 · Graves Oil Co INC
—
—
Moafk M Alsid
—
Deed Of Trust
related
$1,565,246 · Bank Of Holly Springs
—
—
5620 Riverdale INC
—
Deed Of Trust
related
$1,067,142 · Renasant 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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