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Property profile & analytics
OFF-MARKET
Estimated value
$1,260,000
Office buildings
560 Colonial Rd, Memphis, TN 38117-4019
Individually Owned
3-yr Hold
Free & Clear
Property ID
US80-0695743
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Total area
4,423 SF
Lot
1.8 ac (78,408 SF)
Zoning code
RW
APN
056-007- - -00072
UPID
US80-0695743
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
-
Colonial Dental formerly Lale Adams DDS Dental Office
-
Bellott Dental Clinic Dental Office
-
Colonial Square Business Service Center Corporate Office
-
STRATEGIC RESEARCH, LLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.26M
CAP Approach
CAP
$1.11M
Comparable Approach
Comparable
$946k
Blend (final)
Blend
$1.26M
Owner & transaction history
Howard Davis Adcock JR · 3 yrs held
Howard Davis Adcock JR
since 2023
Last sale
$1.3M
6 recorded transactions
Zoning & alternative use
RW · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Memphis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Memphis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,225,000
ML approach
$1,260,000
CAP Approach
CAP Return
Estimation
6%
$1,205,000
6.5%
$1,110,000
7%
$1,030,000
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±10% · vs last sale $1.28M (Feb 3 2023)
Last sale anchor
$1.28M
Feb 3 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$285 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$35,580
Tax year 2022
Assessed value
$584,080
Assessed 2023
Previous assessed
$584,080
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$438,200
Assessed improvement
$145,880
Land market value
$1,095,500
Improvement market value
$364,700
Total market value
$1,460,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1980
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
4,423 SF
Lot
1.8 ac (78,408 SF)
Zoning code
RW
APN
056-007- - -00072
UPID
US80-0695743
Jurisdiction
SHELBY
Zoning & alternative use
RW · Memphis, TN
Zoning RW · permitted uses
RW · Memphis, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Memphis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
1.8 ac
Current owner
From public records · entity-resolved
Howard Davis Adcock JR
Individual
Free & Clear · 3 yrs held
Mailing address
4179 MEADE VLG CV W, MEMPHIS, TN 38117-2005
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2023
—
Howard Davis Adcock JR
Randy Rhodes
Intrafamily Transfer
related
—
Jun 13, 2018
—
Howard Adcock
—
Trustees Deed
related
$500,000 · Community Bk
Nov 9, 2010
—
Howard D Adcock JR.
—
Trustees Deed
related
$600,000 · Renasant Bank
Jun 15, 2007
—
Howard D Adcock
—
Trustees Deed
related
$266,697 · Capital Bank & Trust Co
Mar 8, 2002
$1,275,000
Randy Rhodes
Loeb Trust
Grant Deed
$1,083,750 · First Tennessee Bank National
—
—
Randy Rhodes
—
Deed Of Trust
related
$1,750,000 · Community Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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