Property profile

1325 Eastmoreland Ave Memphis, TN 38104

FOR LEASE
Medical Office Space
Property ID
US80-0835651
144,020 SF 2.53 ac lot Built 1982
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1982
Total area 144,020 SF
Lot 2.53 ac (110,337 SF)
Zoning code CMP-1
APN 016-003- - -00001-C
UPID US80-0835651

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Laboratory
  • Hospital
  • Hospital
  • Medical Clinic
  • Medical Clinic

Location

1325 Eastmoreland Ave Memphis, TN 38104
Memphis metro Census 3600 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.44M
Blend (final) Blend
$745k

Owner & transaction history

Zoning & alternative use

CMP-1 · Memphis, TN
Zoning description

1. Campus Master Plan - 1 (CMP-1) The CMP-1 District is intended to accommodate new development where the land -use pattern is predominately urban in character. New development should be urban in character with an emphas…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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