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Property profile & analytics
OFF-MARKET Estimated value $4,000,000
Turn key restaurants

86 Main St Memphis, TN 38103-5001

11,770 SF 0.08 ac lot Built 1880
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US80-2972996
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1880
Total area 11,770 SF
Lot 0.08 ac (3,267 SF)
Zoning code CBD
APN 002-012- - -00008
UPID US80-2972996
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
  • Carlos Auto Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.62M
Blend (final) Blend
$4.00M
Owner & transaction history
National Hsng Corp Of Memphis INC · 8 yrs held
National Hsng Corp Of Memphis INC
since 2018
Last sale
$4.0M
6 recorded transactions
2018
Price N/A
2018
Price N/A
2018
$1.1M
2017
$430,000
2011
Price N/A
1969
Price N/A
Zoning & alternative use
CBD · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C. CBD: Central Business District. D. CMCS: Commercial Mobile Communications Services. E. DBH: Diameter Breast Height. F. FAA: Federal Aviation Administration G. LEED: Leadership in Energy and Environmental Design. H. LUCB: The Memphis and Shelby County Land Use Control Board. I. MLGW: Memphis Light, Gas and Water. J. MOC: Memorandum of Conformance K. MPO: M…

Zone name Central Business District
General category CIVIC_INSTITUTIONAL
Zone area 323.60 ac
Source CHAPTER 1
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