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Property profile & analytics
OFF-MARKET Estimated value $390,000
Medical Office Space

1333 Poplar Ave Memphis, TN 38104-2006

12,640 SF 0.82 ac lot Built 1942
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US80-0528414
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1942
Total area 12,640 SF
Lot 0.82 ac (35,589 SF)
Zoning code CMU-3
APN 017-007- - -00006-C
UPID US80-0528414
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
  • RAI Dialysis Care Center Medical Clinic
  • Maternity Dresses Discount Clothing & Fashion Store
  • Dr. Robert Canada Physician Medical Clinic
  • Satellite Healthcare - Poplar Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.21M
Blend (final) Blend
$390k
Owner & transaction history
Arc Rnmphtn001 LLC · 14 yrs held
Arc Rnmphtn001 LLC
since 2011
5 recorded transactions
2011
$2.9M
2010
Price N/A
2009
$2.6M
2009
Price N/A
2008
$500,000
Zoning & alternative use
CMU-3 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

3. Commercial Mixed Use - 3 (CMU-3) The CMU -3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require highly visible and highly accessible locations with direct access to arterials. Residential uses are allowed on the ground floor but upper -story units are encouraged. Typical uses in this…

Zone name Commercial Mixed Use 3
General category MIXED_USE
Zone area 4,582.25 ac
Source CHAPTER 1
Top alternative use upside
Restaurant $2.0M +12.2%
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