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Property profile & analytics
OFF-MARKET Estimated value $1,390,000
Office buildings

2606 Corporate E Ave Memphis, TN 38132-1708

11,524 SF 1.14 ac lot Built 1973
Trust Owned 9-yr Hold ~ Est. High Equity
Property ID
US80-0546280
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1973
Total area 11,524 SF
Lot 1.14 ac (49,441 SF)
Zoning code EMP
APN 060-222- -F-00018
UPID US80-0546280
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
  • Jennifer D. Hall, RN Registered General Nurse
  • Make a Difference, Inc. Charitable Organization Social Service Agency
  • HomeChoice Private Care Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.84M
Blend (final) Blend
$1.39M
Owner & transaction history
Remark Trust LLC · 9 yrs held
Remark Trust LLC
since 2016
7 recorded transactions
2020
Price N/A
2017
Price N/A
2016
$57.0M
2007
$30.6M
2001
$28.0M
1998
$57.0M
1998
Price N/A
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
Top alternative use upside
Medical building $1.7M +19.9%
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