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Property profile & analytics
OFF-MARKET Estimated value $250,000
Medical Office Space

321 Bellevue Blvd Memphis, TN 38104-3530

4,339 SF 0.21 ac lot Built 1920
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US80-1868684
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1920
Construction FRAME
Total area 4,339 SF
Lot 0.21 ac (8,973 SF)
Zoning code RU-3
APN 018-047- - -00010
UPID US80-1868684
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
  • Dorothy Day House - Bellevue Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k
Owner & transaction history
Dorothy Day House Of Hospitality In · 2 yrs held
Dorothy Day House Of Hospitality In
since 2024
Last sale
$250,000
1 recorded transaction
2024
$250,000
Zoning & alternative use
RU-3 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Housing Type RU-1 RU-2 RU-3 RU-4 RU-5 Conventional Side Yard House Cottage ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ -- -- -- Semi-Attached Two-Family Townhouse ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ -- -- ■ Large Home Stacked Townhouse Apartment   -- ■ ■ -- ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ = Permitted -- = not permitted  = permitted by Special Use Permit Building Regulations for Permitted Housing…

Zone name Residential Urban 3
General category RESIDENTIAL
Zone area 7,600.37 ac
Source CHAPTER 1
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