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Property profile

318 S Rhodes St West Memphis, AR 72301

FOR SALE
Medical Office Space
Property ID
US05-0824751
3,927 SF 0.35 ac lot Built 2005
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a healthcare-focused medical portfolio in West Memphis, Arkansas within the Memphis, Tennessee metropolitan area, approximately eight miles from downtown Memphis. The portfolio consists of five buildings totaling seven suites, located at 302 S Rhodes, 304 S Rhodes, 308 S Rhodes, 318 S Rhodes, and 316 W Tyler in West Memphis. The lot size for the portfolio is approximately 0.35 acres. The buildings are well maintained and configured to support medical office use, and the site is zoned 700.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value · 2024$82k
Assessed land$8k
Assessed improvement$74k
Effective rate4.79%

Value estimate

· Oct 2026
$265k
$239k – $292k
NOI build-up
Gross scheduled income$283k
Vacancy & credit loss−$31k
Operating expenses−$63k
NOI · 9.94% cap applied$189k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
9.94%
$189k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCRITTENDEN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply16.7
Realty agency16.5
Restaurant15.2

Location

318 S Rhodes St West Memphis, AR 72301
County assessor Recorded deeds · not on file 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
316 Tyler, West Memphis, AR 72301-4225 $1,040,040 Feb 2026 2,200 SF
310 Tyler, West Memphis, AR 72301-4225 $275,000 Oct 2024 4,358 SF
301 Polk, West Memphis, AR 72301-4262 $450,000 Dec 2022 3,150 SF
210 Rhodes, West Memphis, AR 72301-4212 $475,000 Sep 2021 4,460 SF
312 Rhodes, West Memphis, AR 72301-4215 $400,554 Dec 2019 3,927 SF
305 5th, West Memphis, AR 72301-3213 $43,000 Jun 2019 2,310 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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