1460 Cherry Rd Memphis, TN 38117-6415
- Apartment buildings
- 7,408 SF
- 2.62 lot acres
Current Use by Public Records
- Cherry Creek Apartments / Apartment Complex
Property Details for 1460 Cherry Rd
- Year built
- 1964
- Lot size
- 2.62 lot acres
- Property size
- 7,408 SF
- Zone code
- CMU-1
- Property type
- Apartment buildings
- APN
- 066-002- - -00027
- APU
- 6600200027
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,500,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,875,000
- 6.5%
- $4,855,000
- 7%
- $4,845,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,895,000
- Geo Method
- $4,150,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,080,000
- Retail
- $5,155,000
- Mixed-Use
- $4,115,000
- Hospitality
- $4,610,000
- Educational
- $5,075,000
- Residential Income
- $3,810,000
- Energy
- $4,720,000
- Income-Based Land
- $4,305,000
- Food Service
- $4,285,000
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.916
- Latitude
- 35.0919
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA