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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.

PAUL R LOWRY RD Memphis TN 38109

[Locked] • APN 05-0100-0-0020

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Details
Property Type Retail
Building SqFt 53,724
Lot SqFt 29,250,074
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code IH
Opportunity Zone No
Sale NOI ******
Sale Cap Rate ******
Sold Price per Acre ******
Tax Year ******
Tax Land ******
Owner Name ECONOMIC DEVELOPMENT GROWTH ENGINE
Owner Mailing Address (Full Address) ******

Property History

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Property Type
Property Type
Retail
Marketing Description
For Sale
Investment Highlights
  • Sales price volume: 200.00
  • GCI: 200.00
  • Co Agent %: 100.00
  • Agent % with Bonuses & Concessions: 100.00
  • Total Cap Fees:
  • TRX Company Share: 40.00
  • Agent Net Commission: 160.00
  • Total Company Share $: 6,645.26
  • Cap % reached: 41.53
Property Type
Property Type
Mixed Use
Asking Details
Asking Cap Rate
******
Marketing Description
Two Separate parcels on corner equalling approx. 1.03 acres. Addresses are 5193 & 5199

Each property has a MTM tenant. 8,850 SF building has a thrift shop tenant who has been there for over 30 years and is paying $1,900/mo and an auto repair shop on the other parcel also MTM tenant paying $900/mo. Each tenant may be willing to sign a lease for a new buyer. Annual Gross income for both tenant is $33,600. Expenses (taxes/insurance) is $9,478. Property is being offered at at 15% CAP rate. Owner wishes to sell both properties together.


Thrift store building is 8,850 SF and Auto repair shop is 960 SF

Investment Highlights
  • Both tenants are MTM but will consider a lease
  • CAP rate is 15%
  • Two separate businesses on two separate lots

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Sold: Multi APN Sale on
 BY:
BC
Bill Caller, CCIM
•••.•••.3440
••••.••ller@••••-•••••.com
Brokerage logo
Sold: Multi APN Sale on
 BY:
SL
Shane Lackey
•••.•••.3228
•••••.••ckey@••••-•••••.com
Brokerage logo
Listing removed on
 BY:
JR
Jordan Ray PRO
•••.•••.1458
••••••.ray@•••••••••.com
Brokerage logo

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