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Property profile & analytics
OFF-MARKET Estimated value $245,000
Retail space

6645 Shelby Dr Memphis, TN 38141-8402

6,828 SF 1.23 ac lot Built 1998
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US80-1022189
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1998
Total area 6,828 SF
Lot 1.23 ac (53,579 SF)
Zoning code CA
APN 093-700- - -00557
UPID US80-1022189
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
  • Beauty Trendz Shelby (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.05M
Comparable Approach Comparable
$847k
Blend (final) Blend
$245k
Owner & transaction history
Shelby Realty LLC · 11 yrs held
Shelby Realty LLC
since 2015
2 recorded transactions
2015
$950,000
1969
Price N/A
Zoning & alternative use
CA · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

1. In the CA, CMU, EMP, WD, IH districts, outdoor runs are permitted. 2. In all other districts, outdoor runs are not permitted. All overnight care of animals must occur indoors. All pens, kennels and runs must be located within an enclosed building. I. Art or Photo Studio or Gallery The following standards apply to art or photo studios or galleries permitte…

Zone name Conservation Agriculture
General category AGRICULTURAL
Zone area 13,836.44 ac
Source CHAPTER 1
Top alternative use upside
Medical building $975,000 +72.4%
Office building $815,000 +43.8%
Auto repair, garage $660,000 +16.8%
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