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Property profile & analytics
OFF-MARKET Estimated value $210,000
Drive through restaurants

724 Bellevue Blvd Memphis, TN 38107-4282

407 SF 0.19 ac lot Built 1990
Individually Owned 6-yr Hold Free & Clear
Property ID
US80-1985286
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1990
Total area 407 SF
Lot 0.19 ac (8,233 SF)
Zoning code CMU-3
APN 021-092- - -00023
UPID US80-1985286
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k
Owner & transaction history
Bellevue Gp · 6 yrs held
Bellevue Gp
since 2019
4 recorded transactions
2019
Price N/A
2019
$78,500
2018
Price N/A
2002
Price N/A
Zoning & alternative use
CMU-3 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

3. Commercial Mixed Use - 3 (CMU-3) The CMU -3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require highly visible and highly accessible locations with direct access to arterials. Residential uses are allowed on the ground floor but upper -story units are encouraged. Typical uses in this…

Zone name Commercial Mixed Use 3
General category MIXED_USE
Zone area 4,582.25 ac
Source CHAPTER 1
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