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Property profile & analytics
OFF-MARKET Estimated value $555,000
Garden apartment buildings

1814 Flds Rd Memphis, TN 38109-4012

11,340 SF 1.82 ac lot Built 1993
Entity Owned
Property ID
US80-0692603
Property profile
Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1993
Total area 11,340 SF
Lot 1.82 ac (79,105 SF)
Zoning code R-6
APN 082-012- - -00053
UPID US80-0692603
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
$1.01M
Blend (final) Blend
$555k
Owner & transaction history
Servant Advisory Council INC
Servant Advisory Council INC
1 recorded transaction
1969
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
Top alternative use upside
Auto repair, garage $1.1M +9.0%
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