You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $20,870,000
Apartment buildings

2500 Kate Bond Rd Memphis, TN 38133

175,950 SF 12.06 ac lot Built 2006
Entity Owned 18-yr Hold
Property ID
US80-1367301
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (100+ UNITS)
Year built 2006
Construction FRAME
Total area 175,950 SF
Lot 12.06 ac (525,203 SF)
Zoning code R-8
APN 092-009- - -00010
UPID US80-1367301
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
$20.21M
Comparable Approach Comparable
$27.54M
Blend (final) Blend
$20.87M
Owner & transaction history
Morgan Crescent Of Wolfchase LLC · 18 yrs held
Morgan Crescent Of Wolfchase LLC
since 2007
1 recorded transaction
2007
$16.3M
Zoning & alternative use
R-8 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

1. On-site sales at neighborhood gardens are prohibited in residential zoning districts (R -MP, R-E, R-15, R-10, R-8, R-6, R-3, RU-1, RU-2, RU-3, RU-4, RU-5 and RW), with the exception of Community Supported Agriculture. 2. Neighborhood gardens shall: a. be managed to prevent the harborage of rodents and pests; b. be maintained to prevent odors; and c. be ma…

Zone name Residential Single Family 8
General category RESIDENTIAL
Zone area 15,015.24 ac
Source CHAPTER 1
Top alternative use upside
Medical building $25.2M +60.8%
Office building $21.0M +34.1%
Auto repair, garage $17.1M +9.0%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2500 Kate Bond Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message