Property profile

597 Madison Ave Memphis, TN 38103

OFF-MARKET
Auto shops
Property ID
US80-0160463
3,416 SF 0.09 ac lot Built 1957
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1957
Total area 3,416 SF
Lot 0.09 ac (3,833 SF)
Zoning code CBD
APN 007-033- - -00001
UPID US80-0160463

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

597 Madison Ave Memphis, TN 38103-3210
Memphis metro Census 11401 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2017
2 recorded transactions
2017
$245,000
2009
$150,000

Zoning & alternative use

CBD · Memphis, TN
Zoning description

C. CBD: Central Business District. D. CMCS: Commercial Mobile Communications Services. E. DBH: Diameter Breast Height. F. FAA: Federal Aviation Administration G. LEED: Leadership in Energy and Environmental Design. H. LU…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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