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Property profile & analytics
OFF-MARKET
Turn key restaurants
780 Brookhaven Cir Memphis, TN 38117-4502
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US80-3317670
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2007
Total area
4,416 SF
Lot
0.27 ac (11,674 SF)
Zoning code
CMU-1
APN
056-034- - -00028
UPID
US80-3317670
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
-
Marciano Restaurant Restaurant
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
Moerteza Gerani · 6 yrs held
Moerteza Gerani
since 2020
Last sale
$350,000
7 recorded transactions
Zoning & alternative use
CMU-1 · 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
$10,266
Tax year 2022
Assessed value
$168,520
Assessed 2023
Previous assessed
$168,520
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$61,080
Assessed improvement
$107,440
Land market value
$152,700
Improvement market value
$268,600
Total market value
$421,300
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
7
Bathrooms
1
Total area
4,416 SF
Lot
0.27 ac (11,674 SF)
Zoning code
CMU-1
APN
056-034- - -00028
UPID
US80-3317670
Jurisdiction
SHELBY
Zoning & alternative use
CMU-1 · Memphis, TN
Zoning CMU-1 · permitted uses
CMU-1 · 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
2007
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Moerteza Gerani
Individual
Mailing address
780 E BROOKHAVEN CIR, MEMPHIS, TN 38117-4502
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2020
—
Moerteza Gerani
Eddie M Gerani
Quit Claim Deed
related
—
Oct 15, 2012
$350,000
Eddie M Gerani
780 Bookhaven Circle R/e LLC
Warranty Deed
$259,679 · 780 Bookhaven Circle R/e LLC
Oct 11, 2012
$195,000
780 Brookhaven Circle R/e LLC
Gardner,lynn A
Trustees Deed
—
Jun 29, 2012
$195,000
780 Brookhaven Circle R/e LLC
Gardner Lynn A
Trustees Deed
—
Mar 13, 2007
—
Morteza Gerani
—
Trustees Deed
related
$576,562 · Suntrust Bank NA
Jul 7, 2006
$300,000
Morteza Gerani
Town & Country Jewelers INC
Warranty Deed
—
Nov 30, 1998
—
Town & Country Jewelers INC
Zed Diamond International INC
Quit Claim Deed
related
—
—
—
Town & Country Jewelers INC
—
Deed Of Trust
related
$250,000 · Linda Rozen
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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