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Property profile & analytics
OFF-MARKET Estimated value $785,000
Medical Office Space

3960 Knight Arnold Rd Memphis, TN 38118-3035

111,427 SF 12.96 ac lot Built 1972
Entity Owned 21-yr Hold Free & Clear
Property ID
US80-1211328
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1972
Total area 111,427 SF
Lot 12.96 ac (564,538 SF)
Zoning code CMP-1
APN 073-028- - -00023
UPID US80-1211328
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
  • American Esoteric Labs Laboratory
  • U.S. Renal Care Medical Clinic
  • Pathgroup Medical Clinic
  • Memphis Family Practice Spec Medical Clinic
  • Dr. Mohammed B. Khan, MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.63M
Blend (final) Blend
$785k
Owner & transaction history
Dmc-memphis INC · 21 yrs held
Dmc-memphis INC
since 2004
2 recorded transactions
2013
Price N/A
2004
Price N/A
Zoning & alternative use
CMP-1 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

1. Campus Master Plan - 1 (CMP-1) The CMP-1 District is intended to accommodate new development where the land -use pattern is predominately urban in character. New development should be urban in character with an emphasis on compact, vertical, pedestrian-oriented, mixed use development that fit seamlessly into the built environment. Landscaping requirements…

Zone name Campus Master Plan 1
General category MIXED_USE
Zone area 862.76 ac
Source CHAPTER 1
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