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Property profile & analytics
OFF-MARKET Estimated value $235,000
Medical Office Space

1038 Yates Rd Memphis, TN 38119-3708

1,897 SF 0.17 ac lot Built 1978
Entity Owned 25-yr Hold ~ Est. High Equity
Property ID
US80-2030486
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1978
Total area 1,897 SF
Lot 0.17 ac (7,536 SF)
Zoning code OG
APN 056-060- - -00021
UPID US80-2030486
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Thomas E. Ashbery, DPM Physician
  • Zimmerman Stephen H DPM Physician
  • Lee Phillip T DPM Physician
  • Horowitz Brian D DPM Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k
Owner & transaction history
A & Z Building Partnership · 25 yrs held
A & Z Building Partnership
since 2000
Last sale
$350,000
3 recorded transactions
2000
$275,000
2000
$144,418
1969
Price N/A
Zoning & alternative use
OG · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B. Office General (OG) The OG District is intended to accommodate a range of more intense professional office uses and a limited range of civic, residential and commercial service uses. The district is intended to be located along freeways and adjacent to commercial uses to act as a buffer between higher intensity commercial and lower intensity residential.…

Zone name Office General
General category CIVIC_INSTITUTIONAL
Zone area 866.70 ac
Source CHAPTER 1
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