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Property profile & analytics
OFF-MARKET
Strip malls
929 Porter St Memphis, TN 38126-5969
Individually Owned
~
Est. High Equity
Property ID
US80-0078691
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1951
Total area
4,500 SF
Lot
0.15 ac (6,708 SF)
Zoning code
CMU-1
APN
014-011- - -00009
UPID
US80-0078691
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
-
Kisha's Bar & Grill Restaurant
-
Porter Street Bistro Restaurant
-
Raybo's Wings & Things 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
Hardaway Leslie
Hardaway Leslie
since 2026
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
$3,633
Tax year 2022
Assessed value
$59,640
Assessed 2023
Previous assessed
$59,640
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$4,040
Assessed improvement
$55,600
Land market value
$10,100
Improvement market value
$139,000
Total market value
$149,100
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1951
Heating
FORCED AIR
Cooling
NONE
Stories
1
Total area
4,500 SF
Lot
0.15 ac (6,708 SF)
Zoning code
CMU-1
APN
014-011- - -00009
UPID
US80-0078691
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
1951
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Hardaway Leslie
Individual
Mailing address
3068 CLEARBROOK ST, MEMPHIS, TN 38118-3344
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2026
$112,500
Hardaway Leslie
Ruby Mcnealy
Warranty Deed
$104,300 · Bank Of Bartlett
Dec 8, 2017
—
Ruby Mcnealy
—
Deed
related
$43,783 · Regions Bk
Oct 2, 2012
—
Ruby Mcnealy
Poe,brett
Quit Claim Deed
related
—
Apr 29, 2009
—
Ruby N Mcnealy
Mcnealy,ruby N
Quit Claim Deed
related
—
Nov 9, 2007
—
Ruby Mcnealy
Poe,brett
Quit Claim Deed
related
—
Jan 26, 2006
—
Ruby Mcnealy
Mcnealy,ruby
Quit Claim Deed
related
—
Jan 20, 2006
$30,000
Ruby N Mcnealy
Douglas,shedrick
Warranty Deed
$30,000 · Regions Bank
Oct 24, 2003
—
Shedrick Douglas
Poe,anita & Brett
Quit Claim Deed
related
—
Jun 29, 1999
$38,000
Brett A Poe
Smith,tawanna R
Grant Deed
—
—
—
Ruby N Mcnealy
—
Deed Of Trust
related
$61,229 · Regions Bank
—
—
Ruby N Mcnealy
—
Deed Of Trust
related
$54,798 · Regions Bank
—
—
Ruby Mcnealy
—
Loan Modification
related
$43,783 · Regions Bk
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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