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Property profile & analytics
OFF-MARKET Estimated value $240,000
Medical Office Space

577 Raines Rd Memphis, TN 38109-8368

1,708 SF 0.35 ac lot Built 1954
Trust Owned Free & Clear
Property ID
US80-1345509
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1954
Total area 1,708 SF
Lot 0.35 ac (15,290 SF)
Zoning code R-10
APN 076-050- - -00002
UPID US80-1345509
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
  • Freshwater Joyce F DDS Dental Office
  • Joyce Franklin Freshwater, D.D.S. Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k
Owner & transaction history
Mrh Irrevocable Trust
Mrh Irrevocable Trust
since 2025
2 recorded transactions
2025
Price N/A
2025
$120,000
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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