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Property profile & analytics
OFF-MARKET Estimated value $1,035,000
Medical Office Space

2897 Wolfcreek Pkwy Memphis, TN 38133

7,665 SF 1.04 ac lot Built 1996
Entity Owned 21-yr Hold Free & Clear
Property ID
US80-0930640
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1996
Total area 7,665 SF
Lot 1.04 ac (45,302 SF)
Zoning code CA
APN 092-006- - -00014
UPID US80-0930640
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
$1.40M
Blend (final) Blend
$1.04M
Owner & transaction history
Heritage Wolfcreek I LLC · 21 yrs held
Heritage Wolfcreek I LLC
since 2004
1 recorded transaction
2004
$17.5M
Zoning & alternative use
CA · 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 Conservation Agriculture
General category AGRICULTURAL
Zone area 13,836.44 ac
Source CHAPTER 1
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