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Property profile & analytics
OFF-MARKET Estimated value $230,000
Medical Office Space

3491 Walnut Grv Rd Memphis, TN 38111-4630

1,913 SF 0.24 ac lot Built 1952
Entity Owned 21-yr Hold Free & Clear
Property ID
US80-1153184
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1952
Total area 1,913 SF
Lot 0.24 ac (10,237 SF)
Zoning code R-6
APN 044-051- - -00012
UPID US80-1153184
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
  • Walnut Grove Dental Group Dental Office
  • Dan T. Meadows, DDS, FACD Dental Office
  • James G. Avery, DDS, FACD, FICD Dental Office
  • Dr. Kaleb Page Dental Office
  • Nishel Patel Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k
Owner & transaction history
Avery & Meadows LLC · 21 yrs held
Avery & Meadows LLC
since 2005
6 recorded transactions
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
R-6 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

R-6, R-3, RU-1, RU-2, RU-3, RU-4, RU-5 and RW), with the exception of Community Supported Agriculture. 2. Neighborhood gardens shall: a. be managed to prevent the harborage of rodents and pests; b. be maintained to prevent odors; and c. be managed to (to the extent that is possible), to prevent the runoff of top soil and composting materials from flowing ont…

Zone name Residential Single Family 6
General category RESIDENTIAL
Zone area 35,601.06 ac
Source CHAPTER 1
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