Property profile

1755 Eldridge Ave Memphis, TN 38108

OFF-MARKET
Assisted living facilities
Property ID
US80-1077743
10,551 SF 0.59 ac lot Built 1941
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1941
Total area 10,551 SF
Lot 0.59 ac (25,700 SF)
Zoning code RU-1
APN 041-020- - -00219-C
UPID US80-1077743

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency

Location

1755 Eldridge Ave Memphis, TN 38108-1115
Memphis metro Census 700 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
2016
$55,000

Zoning & alternative use

RU-1 · Memphis, TN
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  …

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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