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Property profile & analytics
OFF-MARKET Estimated value $110,000
Medical Office Space

3087 Park Ave Memphis, TN 38111-3019

1,725 SF 0.24 ac lot Built 1922
Individually Owned 1-yr Hold Free & Clear
Property ID
US80-1844170
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1922
Total area 1,725 SF
Lot 0.24 ac (10,454 SF)
Zoning code OG
APN 059-067- - -00001
UPID US80-1844170
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
  • Harry T Coleman PC Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$110k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$110k
Owner & transaction history
Abs Pauti · 1 yrs held
Abs Pauti
since 2024
Last sale
$110,000
3 recorded transactions
2024
Price N/A
2024
$110,000
2023
Price N/A
Zoning & alternative use
OG · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B. Office General (OG) The OG District is intended to accommodate a range of more intense professional office uses and a limited range of civic, residential and commercial service uses. The district is intended to be located along freeways and adjacent to commercial uses to act as a buffer between higher intensity commercial and lower intensity residential.…

Zone name Office General
General category CIVIC_INSTITUTIONAL
Zone area 866.70 ac
Source CHAPTER 1
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