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Property profile & analytics
OFF-MARKET Estimated value $530,000
Medical Office Space

2150 Whitney Ave Memphis, TN 38127-6662

16,545 SF 3.25 ac lot Built 1986
Individually Owned Free & Clear
Property ID
US80-1265906
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1986
Construction FRAME
Total area 16,545 SF
Lot 3.25 ac (141,570 SF)
Zoning code CMU-2
APN 072-055- - -00118
UPID US80-1265906
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
  • Johnson James T Physician Medical Clinic
  • Dr. Irvin C. Baker, MD Physician
  • Dr. Jonathan D. Shaw, MD Physician Medical Clinic
  • Comprehensive Counseling Network Medical Clinic
  • Ramsey Renita S Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.37M
Blend (final) Blend
$530k
Owner & transaction history
FRAYSERMILLINGTON NORTH SHELBY MENTAL
FRAYSERMILLINGTON NORTH SHELBY MENTAL
Zoning & alternative use
CMU-2 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

h. CMU-2 and CBD districts. Any convenience store with gas pumps or gas stations constructed in the CMU-2 and CBD districts after the effective date of this ordinance (ZTA 21 -2) or reactivated after one year of discontinuance or whose convenience store is reconstructed or relocated shall require the issuance of a Special Use Permit, except in situations whe…

Zone name Commercial Mixed Use 2
General category MIXED_USE
Zone area 2,993.47 ac
Source CHAPTER 1
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