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Property profile & analytics
OFF-MARKET Estimated value $520,000
Assisted living facilities

1633 Pennsylvania St Memphis, TN 38109-1661

93,427 SF 6.66 ac lot Built 2011
Individually Owned 6-yr Hold ~ Est. High Equity
Property ID
US80-3426749
Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2011
Construction FRAME
Total area 93,427 SF
Lot 6.66 ac (290,284 SF)
Zoning code RU-3
APN 035-067- - -00004
UPID US80-3426749
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
  • Lyons Ridge Apt Alarm & Elevator Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.12M
Blend (final) Blend
$520k
Owner & transaction history
Shelby Cnty Board Of Education · 6 yrs held
Shelby Cnty Board Of Education
since 2019
7 recorded transactions
2019
Price N/A
2016
Price N/A
2011
Price N/A
2007
Price N/A
2005
$650,000
2001
$400,000
2000
$165,000
Zoning & alternative use
RU-3 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Housing Type RU-1 RU-2 RU-3 RU-4 RU-5 Conventional Side Yard House Cottage ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ -- -- -- Semi-Attached Two-Family Townhouse ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ -- -- ■ Large Home Stacked Townhouse Apartment   -- ■ ■ -- ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ = Permitted -- = not permitted  = permitted by Special Use Permit Building Regulations for Permitted Housing…

Zone name Residential Urban 3
General category RESIDENTIAL
Zone area 7,600.37 ac
Source CHAPTER 1
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