4229 PrescottMemphis, TN 38118

  • Office properties
  • 8,932 SF
Off market
$24,956,840 Estimated

Property Details for 4229 Prescott

Year built
1961
Lot size
2.49 AC
Property size (Sq ft)
8,932 SF
Zone code
R-8
Property type
Office properties
Property subtype
Office buildings
APN
073-088- - -00048
APU
7308800048

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,286,960
    6.5%
    $1,187,963
    7%
    $1,103,108
  • Comparable approach

    Method
    Valuation
    Relative Method
    $696,339
    Geo Method
    $696,339
  • Alternative Use

    Use
    Valuation
    Residential
    $1,473,074
    Hospitality
    $1,349,328
    Educational
    $1,122,625
    Medical
    $1,161,234
    Retail
    $1,746,305
4229 Prescott, Memphis, Tennessee
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Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.0332
Longitude
-89.9454
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,462
$3,280
$20,720
$24,000
-
$62,900
$441,800
$504,700

FAQs

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