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Property profile & analytics
OFF-MARKET
Assisted living facilities

1620 Marjorie St Memphis, TN 38106-5734

0.13 ac lot
Individually Owned Free & Clear
Property ID
US80-0747781
Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Lot 0.13 ac (5,750 SF)
Zoning code R-6
APN 034-062- - -00001
UPID US80-0747781
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
  • South Memphis Senior Center Community Center
  • Ruth E. Tate Senior Center Community Center
  • Ruth E. Tate Center Community Center
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
MEMPHIS CITY
MEMPHIS CITY
Zoning & alternative use
R-6 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

R-6, R-3, RU-1, RU-2, RU-3, RU-4, RU-5 and RW), with the exception of Community Supported Agriculture. 2. Neighborhood gardens shall: a. be managed to prevent the harborage of rodents and pests; b. be maintained to prevent odors; and c. be managed to (to the extent that is possible), to prevent the runoff of top soil and composting materials from flowing ont…

Zone name Residential Single Family 6
General category RESIDENTIAL
Zone area 35,601.06 ac
Source CHAPTER 1
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