Property profile

1996 Mclemore Ave Memphis, TN 38114

OFF-MARKET
Investment properties
Property ID
US80-3293566
1,982 SF 0.12 ac lot Built 1914
Individually Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1914
Construction FRAME
Total area 1,982 SF
Lot 0.12 ac (5,184 SF)
Zoning code RU-1
APN 031-113- - -00013
UPID US80-3293566

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
  • Training Center

Location

1996 Mclemore Ave Memphis, TN 38114-2110
Memphis metro Census 6400 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2019
4 recorded transactions
2019
Price N/A
2012
Price N/A
2011
Price N/A
2011
$4,000

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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