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Property profile & analytics
OFF-MARKET Estimated value $245,000
Medical Office Space

1297 Marlin Rd Memphis, TN 38116-5814

1,595 SF 0.46 ac lot Built 1952
Individually Owned ~ Est. High Equity
Property ID
US80-0566719
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1952
Total area 1,595 SF
Lot 0.46 ac (19,994 SF)
Zoning code OG
APN 079-003- - -00010
UPID US80-0566719
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
  • Lott John DDS Dental Office
  • Lott Family Dentistry & Care Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k
Owner & transaction history
John B Lott SR.
John B Lott SR.
2 recorded transactions
1969
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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