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Property profile & analytics
OFF-MARKET Estimated value $1,560,000
Medical Office Space

1044 Cresthaven Rd Memphis, TN 38119-3832

10,734 SF 4.23 ac lot Built 1984
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US80-1723524
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1984
Total area 10,734 SF
Lot 4.23 ac (184,041 SF)
Zoning code OG
APN 056-062- - -00012-C
UPID US80-1723524
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
  • Surgical Care Affiliates Medical Clinic Hospital
  • Memphis Surgery Center Medical Clinic Hospital
  • Dr. Reed S. Landau, MD Physician
  • Quick Bad Credit Loans Loan Service
  • Tracey A. Dixon, MS Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.14M
Blend (final) Blend
$1.56M
Owner & transaction history
Msc Properties LLC · 5 yrs held
Msc Properties LLC
since 2020
2 recorded transactions
2020
Price N/A
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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