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Property profile & analytics
OFF-MARKET Estimated value $450,000
Medical Office Space

5190 Park Ave Memphis, TN 38119-3500

13,196 SF 1.07 ac lot Built 1988
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US80-3481031
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1988
Total area 13,196 SF
Lot 1.07 ac (46,566 SF)
Zoning code R-10
APN 067-086- - -00070
UPID US80-3481031
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
  • Park Ave Diagnostic Center: Parvey Louis S MD Physician
  • Park Ave Diagnostic Center Medical Clinic
  • memphis wellness collective Gym & Fitness Center Alternative Medicine Practice
  • Aurum Acupuncture Alternative Medicine Practice Acupuncture
  • Kirsten Cannon - Embodiment Therapist Psychotherapist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.39M
Blend (final) Blend
$450k
Owner & transaction history
Judy Rosenblum · 5 yrs held
Judy Rosenblum
since 2021
7 recorded transactions
2021
Price N/A
2020
Price N/A
2020
Price N/A
2017
Price N/A
2005
$2.0M
2000
$1.8M
1969
Price N/A
Zoning & alternative use
R-10 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

1. On-site sales at neighborhood gardens are prohibited in residential zoning districts (R -MP, R-E, R-15, R-10, R-8, 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 ma…

Zone name Residential Single Family 10
General category RESIDENTIAL
Zone area 20,653.94 ac
Source CHAPTER 1
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