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Property profile & analytics
OFF-MARKET
Specialty properties
5668 Poplar Ave Memphis, TN 38119-3839
Entity Owned
Absentee Owner
Free & Clear
Property ID
US80-2802538
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1924
Total area
2,972 SF
Lot
151.97 ac (6,619,813 SF)
Zoning code
R-10
APN
056-055- - -00029-C
UPID
US80-2802538
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
-
Grave of Red West Resort
-
Memorial Park Funeral Home & Cemetery Social Service Agency
-
Crystal Shrine Grotto Cemetery Community Garden
-
Bishop GE Patterson Gravesite Tour Operator
-
Grave of Sam Phillips - Founder of Sun Records Resort
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
NORTHSTAR CEMETERY SERVICES TENNESSEE LLC
NORTHSTAR CEMETERY SERVICES TENNESSEE LLC
Zoning & alternative use
R-10 · 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
$87,216
Tax year 2022
Assessed value
$1,431,735
Assessed 2023
Previous assessed
$1,431,735
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$655,495
Assessed improvement
$776,240
Land market value
$8,302,700
Improvement market value
$1,940,600
Total market value
$10,243,300
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1924
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
2,972 SF
Lot
151.97 ac (6,619,813 SF)
Zoning code
R-10
APN
056-055- - -00029-C
UPID
US80-2802538
Jurisdiction
SHELBY
Zoning & alternative use
R-10 · Memphis, TN
Zoning R-10 · permitted uses
R-10 · 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
1924
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
151.97 ac
Current owner
From public records · entity-resolved
NORTHSTAR CEMETERY SERVICES TENNESSEE LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1900 SAINT JAMES PL STE #200, HOUSTON, TX 77056-4125
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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