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Property profile & analytics
OFF-MARKET Estimated value $145,000
Garden apartment buildings

1628 Kansas St Memphis, TN 38109-1660

2,016 SF 0.26 ac lot Built 1954
Individually Owned 15-yr Hold Free & Clear
Property ID
US80-1482246
Property profile
Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1954
Total area 2,016 SF
Lot 0.26 ac (11,369 SF)
Zoning code R-6
APN 035-080- - -00024-C
UPID US80-1482246
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
$145k
Owner & transaction history
Riverview-kansas Cdc · 15 yrs held
Riverview-kansas Cdc
since 2010
1 recorded transaction
2010
Price N/A
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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