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3489 RAMILL RD
MEMPHIS, TN 38128
Asking Price
$1.50M
Asset Type
Retail
Class
Class B
What's Special
Former Walgreens on Stoplight Corner <ul><li><strong>Zoned CMU-1</strong></li><li><strong>Huge Parcel spanning a city block </strong></li><li><strong>Huge Corner Lot at Ramill Rd. and Yale Rd. </strong></li><li><strong>New Retailers Coming to the area: Laundromat, Beauty Supply, and More!</strong></li></ul><p></p>
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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179
