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Property profile & analytics
OFF-MARKET Estimated value $5,675,000
Office buildings

2245 Riverport Rd Memphis, TN 38109-3013

1,316 SF 25.14 ac lot Built 1989
Entity Owned 4-yr Hold Free & Clear
Property ID
US80-2755963
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Total area 1,316 SF
Lot 25.14 ac (1,095,229 SF)
Zoning code IH
APN 050-101- - -00072
UPID US80-2755963
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.68M
Owner & transaction history
2245 Steam Plant Partners LLC · 4 yrs held
2245 Steam Plant Partners LLC
since 2021
Last sale
$4.1M
2 recorded transactions
2021
Price N/A
2021
$4.1M
Zoning & alternative use
IH · 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 Heavy Industrial
General category MIXED_USE
Zone area 21,172.09 ac
Source CHAPTER 1
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