Property profile

2212 Airways Blvd Memphis, TN 38114

OFF-MARKET
Medical Office Space
Property ID
US80-3320172
744 SF 0.32 ac lot Built 1940
Trust Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1940
Total area 744 SF
Lot 0.32 ac (13,939 SF)
Zoning code CMU-3
APN 060-121- - -00034-C
UPID US80-3320172

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
  • Dental Office
  • Dental Office

Location

2212 Airways Blvd Memphis, TN 38114-5361
Memphis metro Census 8110 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$130k

Owner & transaction history

since 2016
3 recorded transactions
2016
Price N/A
2009
Price N/A
2009
$35,000

Zoning & alternative use

CMU-3 · Memphis, TN
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 w…

General category MIXED_USE

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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