Technical
Financial
Distress signals
Property profile

611 3rd St Memphis, TN 38107

OFF-MARKET
Warehouses
Property ID
US80-1214443
6,348 SF 0.38 ac lot Built 1987
Trust Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1987
Total area 6,348 SF
Lot 0.38 ac (16,509 SF)
Zoning code MU
APN 001-059- - -00004-C
UPID US80-1214443

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Marketing & Advertising Printing Service

Location

611 3rd St Memphis, TN 38107-3608
Memphis metro Census 2100 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Zoning & alternative use

MU · Memphis, TN
Zoning description

C. Mixed Use (MU) The MU District is intended to accommodate physically integrated uses. Permitted land use types include commercial, townhouses, apartments, and institutions. The ideal model consists of building(s) with…

General category MIXED_USE

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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