Property profile

6040 Hwy 51st N Horn Lake, MS 38637

OFF-MARKET
Banks
Property ID
US50-0162835
4,104 SF 0.86 ac lot Built 2005
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2005
Construction MIXED
Total area 4,104 SF
Lot 0.86 ac (37,317 SF)
Zoning code PUD
APN 1-08-7-35-21-0-00002-02
UPID US50-0162835

Cap rate & NOI

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

Location

6040 Hwy 51st N Horn Lake, MS 38637-2405
Horn Lake metro Census 70310 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$515k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Zoning & alternative use

PUD · Horn Lake, MS
Zoning description

K. - PLANNED UNIT DEVELOPMENT DISTRICT (PUD). 1. The "PUD" District is intended to encourage the development of land in a comprehensive manner as a single unit, utilizing a common master development plan which governs pe…

General category PLANNED_DEVELOPMENT

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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