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Property profile & analytics
OFF-MARKET Estimated value $1,310,000
Office buildings

2239 Democrat Rd Memphis, TN 38132-1802

17,584 SF 1.27 ac lot Built 1974
Individually Owned 28-yr Hold Free & Clear
Property ID
US80-1338783
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1974
Total area 17,584 SF
Lot 1.27 ac (55,278 SF)
Zoning code EMP
APN 060-222- -B-00003
UPID US80-1338783
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
  • PHSF, Inc. Association Or Organization
  • Aeaonms Inc Volunteer Organization Community Center
  • Prince Hall Shriners Foundation Social Service Agency Charitable Organization
  • Imperial Court Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.31M
Owner & transaction history
Ancient Egyptian Arabic Order · 28 yrs held
Ancient Egyptian Arabic Order
since 1998
1 recorded transaction
1998
$400,000
Zoning & alternative use
EMP · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

1. In the CA, CMU, EMP, WD, IH districts, outdoor runs are permitted. 2. In all other districts, outdoor runs are not permitted. All overnight care of animals must occur indoors. All pens, kennels and runs must be located within an enclosed building. I. Art or Photo Studio or Gallery The following standards apply to art or photo studios or galleries permitte…

Zone name Employment
General category INDUSTRIAL
Zone area 20,883.36 ac
Source CHAPTER 1
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