Property profile

1200 Farrow Rd Memphis, TN 38116

OFF-MARKET
Medical Office Space
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Property ID
US80-0735153
9,000 SF 1.38 ac Built 1995
Last sale Jan 2023·$2,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value · 2024$188k
Assessed land$25k
Assessed improvement$163k
Effective rate6.09%

Value estimate

· Nov 2026
$2.07M
$1.86M – $2.28M
AI approach$2.00M
CAP approach$1.38M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$143/SF
Submarket average, outlier-cleaned · 89 recorded sales of this use type
Observed band · Q1–Q3$58 – $211
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CMU-1
PRINCIPAL USE R6 RU-1 RU-3 CMU-1 CMU-2 CMP-2 Woodworking, including Cabinet Makers and Furniture Manufacturing □ ■ Warehouse □ □ Recyclin...
General categoryMIXED_USE
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency33.9
Building Supply28.0
Wholesale Shop19.8

Location

1200 Farrow Rd Memphis, TN 38116-7116
County assessor Recorded deeds · 8 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4250 Faronia, Memphis, TN 38116-6527 $550,000 Apr 2024 14,400 SF
5484 Airways, Memphis, TN 38116-9402 $4,100,000 Oct 2022 12,075 SF
4707 Woodridge, Memphis, TN 38116-7811 $384,900 Jun 2022 7,250 SF
4565 Millbranch, Memphis, TN 38116 $380,000 Apr 2022 4,133 SF
1107 Raines, Memphis, TN 38116-6389 $120,000 Dec 2020 2,868 SF
4212 Elvis Presley, Memphis, TN 38116-6424 $130,000 Dec 2018 18,218 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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