Property profile

1980 Person Ave Memphis, TN 38114

OFF-MARKET
Day care centers
Property ID
US80-0894834
4,563 SF 0.36 ac lot Built 1950
Individually Owned 26-yr Hold Free & Clear
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Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1950
Construction FRAME
Total area 4,563 SF
Lot 0.36 ac (15,594 SF)
Zoning code R-6
APN 048-041- - -00023-C
UPID US80-0894834

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
  • Daycare Center

Location

1980 Person Ave Memphis, TN 38114-3411
Memphis metro Census 7810 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

Zoning & alternative use

R-6 · Memphis, TN
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 preve…

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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