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Property profile & analytics
OFF-MARKET Estimated value $3,525,000
Strip malls

8060 Giacosa Pl Memphis, TN 38133-5300

44,533 SF 3.65 ac lot Built 1996
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US80-1244550
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1996
Total area 44,533 SF
Lot 3.65 ac (158,994 SF)
Zoning code CA
APN 092-008- - -00003
UPID US80-1244550
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
  • Ollie's Bargain Outlet Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.65M
Blend (final) Blend
$3.53M
Owner & transaction history
National Retail Props INC · 7 yrs held
National Retail Props INC
since 2019
5 recorded transactions
2019
$5.4M
2018
$5.4M
2016
Price N/A
1969
Price N/A
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
Office building $5.3M +62.5%
Auto repair, garage $4.3M +32.1%
Apartment house (5+ units) $4.0M +21.2%
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