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Property profile & analytics
OFF-MARKET
Office buildings
1209 Dovecrest Rd, Memphis, TN 38134-7625
Individually Owned
6-yr Hold
Property ID
US80-0160446
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1950
Total area
1,775 SF
Lot
0.73 ac (31,973 SF)
Zoning code
R-8
APN
089-014- - -00021
UPID
US80-0160446
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
-
New Image Pools Engineering Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jimmy Mandujano · 6 yrs held
Jimmy Mandujano
since 2020
Last sale
$165,000
4 recorded transactions
Zoning & alternative use
R-8 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Memphis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Memphis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$4,106
Tax year 2022
Assessed value
$67,400
Assessed 2023
Previous assessed
$67,400
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$41,600
Assessed improvement
$25,800
Land market value
$104,000
Improvement market value
$64,500
Total market value
$168,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1950
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
6
Bathrooms
1
Total area
1,775 SF
Lot
0.73 ac (31,973 SF)
Zoning code
R-8
APN
089-014- - -00021
UPID
US80-0160446
Jurisdiction
SHELBY
Zoning & alternative use
R-8 · Memphis, TN
Zoning R-8 · permitted uses
R-8 · Memphis, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Memphis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Jimmy Mandujano
Individual
Mailing address
5548 SUMMER AVE, BARTLETT, TN 38134-7202
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2020
$165,000
Jimmy Mandujano
Rodmey C Hubbard
Warranty Deed
$115,000 · Rodney Hubbard
Mar 18, 2009
—
Rodney C Hubbard
City Of Memphis
Quit Claim Deed
related
—
Feb 23, 2006
—
Rodney C Hubbard
Hubbard,rodney C & Linda P
Quit Claim Deed
related
—
Aug 22, 2002
$120,000
Rodney C Hubbard
Meeks,bobby G & Linda C
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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