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Property profile & analytics
OFF-MARKET Estimated value $410,000
Medical Office Space

3420 Elvis Presley Blvd Memphis, TN 38116-3260

9,496 SF 2.42 ac lot Built 1993
Individually Owned 8-yr Hold ~ Est. High Equity
Property ID
US80-3327311
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1993
Total area 9,496 SF
Lot 2.42 ac (105,415 SF)
Zoning code CMU-2
APN 078-001- - -00039
UPID US80-3327311
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
  • DaVita Whitehaven Renal Dialysis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.45M
Comparable Approach Comparable
$691k
Blend (final) Blend
$410k
Owner & transaction history
State Of Tennessee · 8 yrs held
State Of Tennessee
since 2018
7 recorded transactions
2018
$23,942
2009
Price N/A
2008
$3.3M
2008
$2.9M
2007
$2.4M
2007
$1.8M
2004
$850,000
Zoning & alternative use
CMU-2 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

h. CMU-2 and CBD districts. Any convenience store with gas pumps or gas stations constructed in the CMU-2 and CBD districts after the effective date of this ordinance (ZTA 21 -2) or reactivated after one year of discontinuance or whose convenience store is reconstructed or relocated shall require the issuance of a Special Use Permit, except in situations whe…

Zone name Commercial Mixed Use 2
General category MIXED_USE
Zone area 2,993.47 ac
Source CHAPTER 1
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