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Property profile & analytics
OFF-MARKET
Industrial properties
6400 Shelby Vw Dr Memphis, TN 38134-7659
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1400426
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1997
Total area
150,000 SF
Lot
10.58 ac (460,647 SF)
Zoning code
RU-2
APN
089-044- - -00311
UPID
US80-1400426
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
-
Methodist Alliance Health Services Home Health Care Service
-
ECIMOS, LLC (Bike/Boat/Book/etc) Store Corporate Office
-
Methodist Healthcare-Alliance Nursing Home
-
Methodist Home Medical Equipment Medical Supply Store
-
Advanced Industry Support, Inc. Building Supply Electrical Service
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
Apexus 6400 Shelby LP · 3 yrs held
Apexus 6400 Shelby LP
since 2022
Last sale
$15.5M
4 recorded transactions
Zoning & alternative use
RU-2 · 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 2022Property tax & assessments
Tax year 2022
Tax billed
$194,172
Tax year 2022
Assessed value
$3,187,520
Assessed 2023
Previous assessed
$3,187,520
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$368,400
Assessed improvement
$2,819,120
Land market value
$921,000
Improvement market value
$7,047,800
Total market value
$7,968,800
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
1997
Heating
SPACE
Cooling
NONE
Stories
1
Total area
150,000 SF
Lot
10.58 ac (460,647 SF)
Zoning code
RU-2
APN
089-044- - -00311
UPID
US80-1400426
Jurisdiction
SHELBY
Zoning & alternative use
RU-2 · Memphis, TN
Zoning RU-2 · permitted uses
RU-2 · 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
1997
Heating
SPACE
Cooling
Yes
Stories
1
Lot
10.58 ac
Current owner
From public records · entity-resolved
Apexus 6400 Shelby LP
Entity
Mailing address
10101 FONDREN RD STE 250F, HOUSTON, TX 77096-5551
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2022
$15,458,991
Apexus 6400 Shelby LP
Breit Se Industrial Propco Tn LLC
Special Warranty Deed
$52,882,000 · Ubs Bank USA
Nov 9, 2018
—
Breit Se Indl Propco Tn LLC
Breit Se Indl Memphis Portfol
Quit Claim Deed
related
—
Jun 19, 2015
$36,380,866
Mdh Memphis Portfolio LLC
Belz Devco Gp
Grant Deed
$62,000,000 · Miscellaneous Ins Co
Apr 15, 2015
—
Belz Devco Gp
Belz Investco Gp
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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