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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
5915 Raines Rd Memphis, TN 38115-6202
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-0947107
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1978
Total area
2,520 SF
Lot
0.41 ac (17,685 SF)
Zoning code
CMU-1
APN
093-406- -E-00001
UPID
US80-0947107
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
-
Mobil Gas Station
-
ATM Atm
-
Quik Stop Grocery & Convenience Store
-
ATM (ATM Link, Inc.) Atm
-
Gyfted Creations Restaurant Take-out & Catering
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
Bilal Wahab · 2 yrs held
Bilal Wahab
since 2023
Last sale
$500,000
6 recorded transactions
Zoning & alternative use
CMU-1 · 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 2023Property tax & assessments
Tax year 2023
Tax billed
$10,197
Tax year 2023
Assessed value
$167,400
Assessed 2024
Previous assessed
$167,400
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$124,680
Assessed improvement
$42,720
Land market value
$311,700
Improvement market value
$106,800
Total market value
$418,500
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1978
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
2,520 SF
Lot
0.41 ac (17,685 SF)
Zoning code
CMU-1
APN
093-406- -E-00001
UPID
US80-0947107
Jurisdiction
SHELBY
Zoning & alternative use
CMU-1 · Memphis, TN
Zoning CMU-1 · permitted uses
CMU-1 · 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
1978
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Bilal Wahab
Individual
Free & Clear · 2 yrs held
Mailing address
8775 CARROLLWOOD LN E, CORDOVA, TN 38016-4628
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Dec 10, 2025
—
Bilal Wahab
—
Deed
related
$300,000 · Financial Federal Bank
Oct 13, 2023
—
Bilal Wahab
Bilal Wahab
Intrafamily Transfer
related
—
Nov 25, 2020
—
Bilal Wahab
Bilal Wahab
Quit Claim Deed
related
—
Jan 9, 2017
$500,000
Bilal Wahab
Ahmed Abdelaziz
Warranty Deed
$572,000 · Financial Federal Bank
Oct 23, 2015
—
Gail L Fisher
Lawson Betty J E Trust
Quit Claim Deed
related
—
Feb 15, 2007
—
Lawson Betty J E Trust
Lawson Betty J E Trust
Quit Claim Deed
related
—
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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