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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Industrial properties
7505 Appling Ctr Dr, Memphis, TN 38133-5084
Individually Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-1482421
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
2001
Total area
22,400 SF
Lot
2.13 ac (92,783 SF)
Zoning code
R-6
APN
092-005- - -00038
UPID
US80-1482421
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
-
Elegant Chair Solutions Party Supply Store Rental Equipment Company
-
Compass Automation Inc Industrial Manufacturer Production Facility
-
KLAP Inc Corporate Office
-
LDM Roofing Roofing Company General Contractor
-
Roof Pro, LLC Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$520k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$520k
Owner & transaction history
Bancorpsouth Bk · 15 yrs held
Bancorpsouth Bk
since 2011
7 recorded transactions
Zoning & alternative use
R-6 · 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
Method
Estimation
Statistic approach
by Request
ML approach
$520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$23 / SF
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
$26,360
Tax year 2022
Assessed value
$432,720
Assessed 2023
Previous assessed
$432,720
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$128,760
Assessed improvement
$303,960
Land market value
$321,900
Improvement market value
$759,900
Total market value
$1,081,800
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
2001
Heating
NONE
Cooling
NONE
Stories
1
Total area
22,400 SF
Lot
2.13 ac (92,783 SF)
Zoning code
R-6
APN
092-005- - -00038
UPID
US80-1482421
Jurisdiction
SHELBY
Zoning & alternative use
R-6 · Memphis, TN
Zoning R-6 · permitted uses
R-6 · 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
2001
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.13 ac
Current owner
From public records · entity-resolved
Bancorpsouth Bk
Individual
Mailing address
9950 CTR HL RD, COLLIERVILLE, TN 38017-9202
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2011
$776,000
Bancorpsouth Bk
Reifler,jordan E
Trustees Deed
related
—
Dec 29, 2005
—
Chamberlain Mccreery
Chamberlain Mccreery & Rice Ll
Quit Claim Deed
related
—
Jul 24, 2000
$325,000
Chamberlain Mccreery
Lynch,richard L
Grant Deed
$301,750 · Bancorp South Bank
—
—
David V Couch
—
Deed Of Trust
related
$9,038,000 · Renasant Bk
—
—
Chamberlain Mccreery
—
Deed Of Trust
related
$257,000 · Bank Plus INC
—
—
Chamberlain & Mccreery INC
—
Deed Of Trust
related
$100,000 · Bancorp South Bank
—
—
Chamberlain Mccreery
—
Deed Of Trust
related
$193,407 · Bancorp South Bank
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.
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