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Property profile & analytics
FOR SALE
Medical Office Space

5625 Poplar Ave Memphis, TN 38119-3816

5,575 SF 1.04 ac lot Built 1966
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US80-0739252
No photos on file
For Sale
Contact for pricing 5,575 SF
5625 Poplar Ave, Memphis, TN 38119-3816
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Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1966
Total area 5,575 SF
Lot 1.04 ac (45,128 SF)
Zoning code OG
APN 056-062- - -00002-C
UPID US80-0739252
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
  • Paragon Imaging Medical Clinic
  • Matthew Hollis Physician
  • C Ruleman Physician
  • Dr. Catelin Powell Physician
  • Dr. Jan Petri Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$970k
Blend (final) Blend
$310k
Owner & transaction history
Ap Hospitality Group Ptshp · 7 yrs held
Ap Hospitality Group Ptshp
since 2018
5 recorded transactions
2018
$2.2M
2015
Price N/A
2015
Price N/A
2008
Price N/A
2006
Price N/A
Zoning & alternative use
OG · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B. Office General (OG) The OG District is intended to accommodate a range of more intense professional office uses and a limited range of civic, residential and commercial service uses. The district is intended to be located along freeways and adjacent to commercial uses to act as a buffer between higher intensity commercial and lower intensity residential.…

Zone name Office General
General category CIVIC_INSTITUTIONAL
Zone area 866.70 ac
Source CHAPTER 1
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