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    574 Cadraca Dr Memphis, TN 38122-4737
    Property profile & analytics

    574 Cadraca Dr, Memphis, TN 38122-4737

    View on Map

    • Apartment buildings
    • 25,644 SF
    • 3.17 lot acres
    Off-Market
    Property ID
    US80-1153567
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,765,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 574 Cadraca Dr

    Year built
    1964
    Lot size
    3.17 lot acres
    Zone code
    RU-3
    Property type
    Apartment buildings
    APN
    063-024- - -00008-C
    APU
    06302400008C

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 27, 2024 — Oak Grove Property Owner LLC Oak Grove Flats LLC Quit Claim Deed · related —
    Sep 17, 2018 $6,520,000 Oak Grove Flats LLC Summer Grove Apartments LLC Warranty Deed —
    Mar 21, 2000 — Summer Grove LP Landmark Cadraca Ltd Quit Claim Deed · related —
    — — Oak Grove Flats LLC — Deed Of Trust · related $1.1M · Bancorpsouth
    — — Oak Grove Flats LLC — Deed Of Trust · related $7.5M · Miscellaneous Ins Co

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,331,000
      Market price range: $1.13M - $4.12M
      AI Estimate
      $1,226,000
      Market price range: $566k - $2.45M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $2,280,000
      Current use
      AUTO REPAIR, GARAGE
      $2,485,000
      Change: +9% Conversion: Difficult
      OFFICE BUILDING
      $2,270,000
      Change: -0% Conversion: Moderate
      RETAIL STORES
      $1,930,000
      Change: -15% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,885,000
      Change: -17% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9029
    Latitude
    35.1472
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $54,803
    $165,520
    $734,120
    $899,640
    -
    $413,800
    $1,835,300
    $2,249,100
    More about this property
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