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    Property profile & analytics

    232 Market St Memphis, MO 63555

    • Retail properties
    • 6,120 SF
    • 0.11 lot acres
    For Sale
    View listing
    $212,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 232 Market St

    Lot size
    0.11 lot acres
    Property size
    6,120 SF
    Property type
    Retail properties

    Description

    This exceptional multi-unit investment opportunity in Memphis, Missouri presents a 6,120 square foot brick building situated on a 0.11-acre lot at 232 S Market St, just one block south of the town square. The property, currently operating as a six-unit apartment complex, is HUD-approved, offering a strong foundation for immediate income generation. The building boasts six apartments

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Scotland
    State
    Missouri
    Longitude
    -92.1691
    Latitude
    40.4568

    Comparable in this City

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      2,880 SF

      Hwy 15

      NURSERY, GREENHOUSE, FLORIST • 2,880 SF
      Hwy 15, Memphis, MO 63555
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    • Value Estimation by Request
      2,100 SF

      16321 Us Hwy 136

      NURSERY, GREENHOUSE, FLORIST • 2,100 SF
      16321 Us Hwy 136, Memphis, MO 63555-4157
      View Details
    • Value Estimation by Request
      5,500 SF

      22001 State Rte Aa

      NURSERY, GREENHOUSE, FLORIST • 5,500 SF
      22001 State Rte Aa, Memphis, MO 63555-4203
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      26,080 SF

      19980 State Rte

      Individual retail properties • 26,080 SF
      19980 State Rte, Memphis, MO 63555
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      1.00 Acre

      556 Grand Ave

      Land • 1.00 Acre
      556 Grand Ave, Memphis, MO 63555
      View Details
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    232 Market St
    Memphis, MO 63555
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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