Property profile

2990 Hickory Hl Rd Memphis, TN 38115

OFF-MARKET
Assisted living facilities
Property ID
US80-0048322
22,820 SF 13.06 ac lot Built 1985
Individually Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1985
Total area 22,820 SF
Lot 13.06 ac (568,894 SF)
Zoning code RU-3
APN 093-100- - -00094
UPID US80-0048322

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Retirement Community Nursing Home
  • Church Mosque
  • Apartment Complex
  • Clothing Store

Location

2990 Hickory Hl Rd Memphis, TN 38115-2551
Memphis metro Census 21721 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.75M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.87M

Owner & transaction history

since 2021
Last sale
$8.6M
7 recorded transactions
2021
$8.6M
2016
$5.7M
2014
$1.0M
2014
Price N/A
2007
Price N/A
2007
$11.6M
2005
Price N/A

Zoning & alternative use

RU-3 · Memphis, TN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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