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Property profile & analytics
OFF-MARKET Estimated value $235,000
Drive through restaurants

890 Thomas St Memphis, TN 38107-2542

1,125 SF 0.62 ac lot Built 1967
Individually Owned Absentee Owner Free & Clear
Property ID
US80-0151849
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1967
Total area 1,125 SF
Lot 0.62 ac (26,964 SF)
Zoning code MU
APN 027-005- - -00047-C
UPID US80-0151849
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
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k
Owner & transaction history
CORDELL I PIRTLE
CORDELL I PIRTLE
Zoning & alternative use
MU · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C. Mixed Use (MU) The MU District is intended to accommodate physically integrated uses. Permitted land use types include commercial, townhouses, apartments, and institutions. The ideal model consists of building(s) with retail or restaurant uses on the ground floor and office and/or residential uses on the upper floors. D. Commercial Mixed Use (CMU-) The co…

Zone name Mixed Use
General category MIXED_USE
Zone area 418.40 ac
Source CHAPTER 1
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