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Property profile & analytics
OFF-MARKET
Churches & religious facilities

224 Reno Ave Memphis, TN 38107

3,200 SF Built 1910
Property ID
US80-0991404
Property summary
AI-generated overview

This exceptional opportunity presents a historic church building located at 224 Reno Ave, Memphis, Tennessee, 38107, in Shelby County. Built in 1910, this 3,200 square foot special purpose property is offered at an asking price of $180,000. The sale includes not only the church building at 224 Reno Avenue, but also the adjacent lots located at 222 Reno Avenue and 221 Caldwell Avenue. This presents a unique opportunity for redevelopment, adaptive reuse, or continued use as a religious facility. The property's prime location in Memphis offers excellent visibility and accessibility. The substantial square footage provides ample space for various purposes. The building's historical significance adds character and potential for preservation or restoration projects. Given its size and multiple lot inclusion, this property offers significant potential for a variety of uses and investors. The property's coordinates are 35.1684996 latitude and -90.0404204 longitude. Serious inquiries are encouraged to explore the possibilities of this unique Memphis property. The property is being sold "as is".

Property profile
Verified
Property type Churches & religious facilities
Year built 1910
Total area 3,200 SF
UPID US80-0991404
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
  • Restoration Outreach Ministry Church
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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