Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

610 National St Memphis, TN 38122

FOR LEASE
Retail space
Property ID
US80-0699626
6,048 SF 0.26 ac lot Built 1972
Last sale Jun 2026 · $275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a flex space building containing approximately 6,000 square feet of usable area and is located on National Street.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value · 2023$85k
Assessed land$18k
Assessed improvement$67k
Effective rate6.09%

Value estimate

· Oct 2026
$235k
$212k – $259k
AI approach$235k
NOI build-up
Gross scheduled income$101k
Vacancy & credit loss−$10k
Operating expenses−$32k
NOI · 592,960.00% cap applied$59k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$31 – $118
Qualifying comparables5

Cap rate analysis

How does the asset earn?
592,960.00%
$59k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CMU-3
The CMU-3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require hi...
General categoryMIXED_USE
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency48.5
Restaurant32.7
Building Supply31.6

Location

610 National St Memphis, TN 38122
County assessor Recorded deeds · 7 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3365 Jackson, Memphis, TN 38122-1132 $100,000 Mar 2025 5,363 SF
3522 Summer, Memphis, TN 38122-3628 $180,000 Dec 2024 6,600 SF
3311 Jackson, Memphis, TN 38122-1007 $729,000 Aug 2024 6,780 SF
4142 Summer, Memphis, TN 38122-5228 $318,500 Aug 2024 5,118 SF
3464 Summer, Memphis, TN 38122-3610 $315,000 May 2024 4,685 SF
4453 Summer, Memphis, TN 38122-4042 $250,000 Mar 2023 4,548 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again