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Property profile & analytics
OFF-MARKET Estimated value $5,185,000
Medical Office Space

1801 Un Ave Memphis, TN 38104-3942

17,840 SF 1.51 ac lot Built 1985
Individually Owned 6-yr Hold Free & Clear
Property ID
US80-0572610
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1985
Total area 17,840 SF
Lot 1.51 ac (65,776 SF)
Zoning code CMU-3
APN 016-043- - -00019-C
UPID US80-0572610
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
  • Methodist Comprehensive Breast Center Medical Clinic
  • Methodist Diagnostic Center - Midtown Medical Clinic
  • Methodist Diagnostic Center: Miller Stephen T MD Physician
  • Dr. Satheesh P. Nair, MD Physician
  • Eason James D MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.98M
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.19M
Owner & transaction history
Methodist Healthcare Memphis H · 6 yrs held
Methodist Healthcare Memphis H
since 2020
Last sale
$6.3M
6 recorded transactions
2020
$6.3M
2019
Price N/A
2017
Price N/A
2016
Price N/A
2009
Price N/A
1969
Price N/A
Zoning & alternative use
CMU-3 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

3. Commercial Mixed Use - 3 (CMU-3) The CMU -3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require highly visible and highly accessible locations with direct access to arterials. Residential uses are allowed on the ground floor but upper -story units are encouraged. Typical uses in this…

Zone name Commercial Mixed Use 3
General category MIXED_USE
Zone area 4,582.25 ac
Source CHAPTER 1
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