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Property profile & analytics
OFF-MARKET
Drive through restaurants
925 Poplar Ave Memphis, TN 38105-4605
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-0131121
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1999
Total area
990 SF
Lot
0.57 ac (24,829 SF)
Zoning code
CMU-3
APN
018-064- - -00017
UPID
US80-0131121
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
-
Church's Texas Chicken 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
Carolyn W Wilson · 5 yrs held
Carolyn W Wilson
since 2020
Last sale
$12,141
7 recorded transactions
Zoning & alternative use
CMU-3 · 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
$11,818
Tax year 2022
Assessed value
$194,000
Assessed 2023
Previous assessed
$194,000
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$144,960
Assessed improvement
$49,040
Land market value
$362,400
Improvement market value
$122,600
Total market value
$485,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1999
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
990 SF
Lot
0.57 ac (24,829 SF)
Zoning code
CMU-3
APN
018-064- - -00017
UPID
US80-0131121
Jurisdiction
SHELBY
Zoning & alternative use
CMU-3 · Memphis, TN
Zoning CMU-3 · permitted uses
CMU-3 · 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
1999
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Carolyn W Wilson
Individual
Mailing address
201 ALLEN RD STE #300, ATLANTA, GA 30328-4864
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2020
$12,141
Carolyn W Wilson
Memphis Cc LLC
Grant Deed
—
Jan 12, 2017
$848,800
Memphis Cc LLC
Cajun Realty LLC
Grant Deed
—
Apr 18, 2011
$413,000
Cajun Realty LLC
Cajun Global LLC
Warranty Deed
related
—
Sep 15, 2010
—
Cajun Operating Co
Cajun Fndg Corp
Quit Claim Deed
related
—
Sep 11, 2009
—
Cajun Operating Co
—
Deed Of Trust
related
$155,000,000 · Bank Of America
Dec 5, 2005
$460,000
Cajun Operating Co
Cajun Funding Corp
Grant Deed
related
—
Aug 31, 2005
$460,000
Cajun Funding Corp
Mosaic Group LLC
Grant Deed
related
—
Jun 5, 2003
—
Mosaic Group LLC
Memphis Center City Revenue Fi
Quit Claim Deed
related
—
Dec 22, 1999
$563,600
Mosaic Group LLC
Afc Enterprises INC
Trustees Deed
$703,000 · Banco Popular North America
Dec 22, 1999
—
Mosaic Group LLC
Afc Enterprise INC
Quit Claim Deed
related
—
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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