Property profile

5819 Newberry Ave Memphis, TN 38115

OFF-MARKET
Assisted living facilities
Property ID
US80-1355949
41,358 SF 4.74 ac lot Built 2007
Individually Owned 20-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2007
Total area 41,358 SF
Lot 4.74 ac (206,474 SF)
Zoning code OG
APN 093-400- - -00224-C
UPID US80-1355949

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building

Location

5819 Newberry Ave Memphis, TN 38115-3031
Memphis metro Census 10820 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$940k
Blend (final) Blend
$215k

Owner & transaction history

since 2005
2 recorded transactions
2005
Price N/A
2004
$180,000

Zoning & alternative use

OG · Memphis, TN
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 loc…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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