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    Property profile & analytics

    1005 Tillman St Memphis, TN 38112-2038

    • Office buildings
    • 36,176 SF
    • 4.19 lot acres
    OFF-MARKET
    Value Estimation
    $690,000
    Location Intelligence
    Property ID
    US80-2895006
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • WOW Financial Services Agency / Life Insurance Agency
    • Med Transport - Non-Emergency Medical Transportation / Transportation Service
    • Mid-South Veterans Help Desk / Association / Organization
    • Southwest Funding Branch -Shirley Pruitt-NMLS #98857 / Mortgage Lender
    • United Way of the Mid-South / Non-Profit Organization / Charity

    Property Details for 1005 Tillman St

    Year built
    1978
    Lot size
    4.19 lot acres
    Property size
    36,176 SF
    Zone code
    EMP
    Property type
    Office buildings
    APN
    052-061- - -00006
    APU
    5206100006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $755,000

    • CAP approach

      CAP return
      Estimation
      6%
      $685,000
      6.5%
      $755,000
      7%
      $700,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $665,000
      Geo Method
      $845,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $700,000
      Retail
      $720,000
      Mixed-Use
      $630,000
      Hospitality
      $665,000
      Educational
      $580,000
      Residential Income
      $745,000
      Energy
      $550,000
      Income-Based Land
      $650,000
      Food Service
      $620,000

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9604
    Latitude
    35.1597
    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
    $9,608
    $15,600
    $142,120
    $157,720
    -
    $162,600
    $1,480,400
    $1,643,000

    Comparable in this City

    • Value Estimation
      $280,000
      1,698 SF

      647 Hillcrest St

      OFFICE BUILDING • 1,698 SF
      647 Hillcrest St, Memphis, TN 38112-2411
      View Details
    • Value Estimation
      $940,000
      24,750 SF

      2552 Poplar Ave

      OFFICE BUILDING (MULTI-STORY) • 24,750 SF
      2552 Poplar Ave, Memphis, TN 38112-3852
      View Details
    • Value Estimation by Request
      72,336 SF

      2714 Un Ave Ext

      OFFICE BUILDING (MULTI-STORY) • 72,336 SF
      2714 Un Ave Ext, Memphis, TN 38112-4436
      View Details
    • Value Estimation
      $195,000
      1,230 SF

      2951 Broad Ave

      OFFICE BUILDING • 1,230 SF
      2951 Broad Ave, Memphis, TN 38112-2957
      View Details
    • Value Estimation by Request
      2,106 SF

      Un Ave

      OFFICE BUILDING • 2,106 SF
      Un Ave, Memphis, TN 38112
      View Details
    • Value Estimation
      $55,000
      1,808 SF

      2612 Poplar Ave

      OFFICE BUILDING • 1,808 SF
      2612 Poplar Ave, Memphis, TN 38112-3823
      View Details

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    • New
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    • $34,000
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      Residential Land Ready to Build

      Clear, ready to build residential land in Memphis, Tennessee.
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    Similar Nearby for Lease

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    • Contact for pricing
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      Warehouse space featuring twelve dock high doors and one ramp.
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      View Details
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    1005 Tillman St
    Memphis, TN 38112-2038
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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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