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Property profile & analytics
OFF-MARKET Estimated value $2,650,000
Assisted living facilities

3365 Sobota Cir Memphis, TN 38109-3261

91,773 SF 7 ac lot Built 2001
Entity Owned 9-yr Hold Free & Clear
Property ID
US80-1923649
Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2001
Construction FRAME
Total area 91,773 SF
Lot 7 ac (304,920 SF)
Zoning code RU-3
APN 075-057- - -00096
UPID US80-1923649
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
$2.09M
Blend (final) Blend
$2.65M
Owner & transaction history
Manor Park LP · 9 yrs held
Manor Park LP
since 2017
5 recorded transactions
2017
$2.7M
2017
Price N/A
2012
Price N/A
2005
Price N/A
2001
$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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