Property profile

400 Highland St Memphis, TN 38111

OFF-MARKET
Assisted living facilities
Property ID
US80-1803331
324,021 SF 2.76 ac lot Built 1964
Entity Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1964
Total area 324,021 SF
Lot 2.76 ac (120,313 SF)
Zoning code RU-3
APN 046-002- - -00001-C
UPID US80-1803331

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
  • (Bike/Boat/Book/etc) Store
  • Photography Service (Bike/Boat/Book/etc) Store
  • Apartment Complex

Location

400 Highland St Memphis, TN 38111-4445
Memphis metro Census 7300 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
$7.36M
Blend (final) Blend
$630k

Owner & transaction history

since 2014
5 recorded transactions
2014
Price N/A
2014
$12.0M
2010
$1.8M
1969
Price N/A
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

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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