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Property profile & analytics
OFF-MARKET Estimated value $1,265,000
Apartment buildings

118 Saint Agnes Dr Memphis, TN 38112-4714

12,992 SF 6.75 ac lot Built 1950
Entity Owned 12-yr Hold
Property ID
US80-1349482
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1950
Total area 12,992 SF
Lot 6.75 ac (293,899 SF)
Zoning code RU-3
APN 028-046- - -00001
UPID US80-1349482
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.49M
Comparable Approach Comparable
$1.11M
Blend (final) Blend
$1.27M
Owner & transaction history
Georgian Woods Prop Owner LLC · 12 yrs held
Georgian Woods Prop Owner LLC
since 2014
3 recorded transactions
2014
$3.9M
2008
Price N/A
1969
Price N/A
Zoning & alternative use
RU-3 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Housing Type RU-1 RU-2 RU-3 RU-4 RU-5 Conventional Side Yard House Cottage ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ -- -- -- Semi-Attached Two-Family Townhouse ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ -- -- ■ Large Home Stacked Townhouse Apartment   -- ■ ■ -- ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ = Permitted -- = not permitted  = permitted by Special Use Permit Building Regulations for Permitted Housing…

Zone name Residential Urban 3
General category RESIDENTIAL
Zone area 7,600.37 ac
Source CHAPTER 1
Top alternative use upside
Medical building $1.9M +26.4%
Office building $1.6M +5.4%
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