Property profile

3525 Hickory Hl Rd Memphis, TN 38115

OFF-MARKET
Day care centers
Property ID
US80-1864715
14,080 SF 2.25 ac lot Built 2003
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 2003
Total area 14,080 SF
Lot 2.25 ac (98,141 SF)
Zoning code RU-3
APN 093-400- - -00574
UPID US80-1864715

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Daycare Center Foster Care Service
  • Daycare Center

Location

3525 Hickory Hl Rd Memphis, TN 38115-3832
Memphis metro Census 10820 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$724k
Blend (final) Blend
$875k

Owner & transaction history

since 2022
Last sale
$1.1M
7 recorded transactions
2022
$1.1M
2018
$550,000
2017
$850,000
2012
Price N/A
2002
$80,000
2000
$43,132
1969
Price N/A

Zoning & alternative use

RU-3 · Memphis, TN
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  …

General category RESIDENTIAL
Top alternative use upside
Apartment house (5+ units) $1.3M +72.9%
Office building $1.2M +60.8%
Neighborhood: shopping center $1.0M +42.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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