Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    60 Main St Memphis, TN 38103-5171

    • High-rise multifamily apartments
    • 15,586 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $605,000
    Last Sale
    Oct 26, 2023
    $625,000
    Location Intelligence
    Property ID
    US80-0650628
    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.

    Current Use by Public Records

    • Jehl Cameron / Attorney
    • Manis Law Firm / Attorney
    • Grind City Grocer & Gifts / Store / Service Establishment
    • Boujee Bistro / Restaurant
    • Grind City Grocer / Store

    Property Details for 60 Main St

    Year built
    1891
    Lot size
    0.06 lot acres
    Property size
    15,586 SF
    Zone code
    CBD
    Property type
    High-rise multifamily apartments
    APN
    002-056- - -00007
    APU
    205600007

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $600,000

    • CAP approach

      CAP return
      Estimation
      6%
      $620,000
      6.5%
      $620,000
      7%
      $685,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $535,000
      Geo Method
      $605,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $695,000
      Retail
      $625,000
      Mixed-Use
      $610,000
      Hospitality
      $735,000
      Educational
      $635,000
      Residential Income
      $595,000
      Energy
      $730,000
      Income-Based Land
      $600,000
      Food Service
      $735,000

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0531
    Latitude
    35.1435
    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
    2021
    $3,092
    $0.00
    $0.00
    $0.00
    -
    $83,100
    $86,800
    $169,900

    Comparable in this City

    • Value Estimation by Request
      2,848 SF

      137 Main St

      HIGH-RISE APARTMENTS • 2,848 SF
      137 Main St, Memphis, TN 38103
      View Details
    • Value Estimation by Request
      206,746 SF

      272 Main St

      HIGH-RISE APARTMENTS • 206,746 SF
      272 Main St, Memphis, TN 38103-1608
      View Details
    • Value Estimation by Request
      6,040 SF

      135 Main St

      HIGH-RISE APARTMENTS • 6,040 SF
      135 Main St, Memphis, TN 38103-3615
      View Details
    • Value Estimation by Request
      65,744 SF

      195 Madison Ave

      HIGH-RISE APARTMENTS • 65,744 SF
      195 Madison Ave, Memphis, TN 38103-2750
      View Details
    • Value Estimation by Request
      92,801 SF

      280 Main St

      HIGH-RISE APARTMENTS • 92,801 SF
      280 Main St, Memphis, TN 38103
      View Details
    • Value Estimation by Request
      89,472 SF

      100 Main St, Unit 1

      HIGH-RISE APARTMENTS • 89,472 SF
      100 Main St, Memphis, TN 38103-2972
      View Details

    Similar Nearby for Sale

    • $109,000

      Downtown Memphis Studio Condo

      Studio condo in gated community, downtown Memphis, near South Main.
      720 Litty Ct, Memphis, TN 38103
      View Details
    • $1,300,000
      19,747 SF

      Downtown Memphis Mixed-Use Gem

      19,747 SF, Redevelopment Opportunity
      2 2Nd St, Memphis, TN 38103
      View Details
    • $335,000

      Downtown Memphis Condo with Amenities

      Exclusive condo with stunning views and comprehensive amenities in Memphis.
      655 Riverside Dr, Memphis, TN 38103
      View Details
    • $349,999

      Downtown Memphis Townhome at Carolina

      Updated 2BR, 2.5BA townhome near downtown Memphis.
      89 W Carolina Ave W, Memphis, TN 38103
      View Details
    • $259,000

      Downtown Condo with River Views

      Two-bedroom condo with Mississippi River views and modern updates.
      200 Wagner Pl, Memphis, TN 38103
      View Details
    • $3,700,000
      101,200 SF

      Downtown Memphis Highrise Redevelopment

      12-Story Office Tower, Adaptive Reuse Potential
      147 Jefferson Ave, Memphis, TN 38103
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      66,000 SF

      Downtown Memphis Office Building

      66,000 SF Office Space Available
      85 Danny Thomas Blvd, Memphis, TN 38103
      View Details
    • Contact for pricing
      29,112 SF

      Memphis Retail Space - Monroe Blvd

      High-profile Memphis retail, 5 suites available
      421 Monroe Blvd, Memphis, TN 38103
      View Details
    • Contact for pricing

      Downtown Memphis Retail Space

      Retail space for lease in Downtown Memphis.
      363 S Front St, Memphis, TN 38103
      View Details
    • $18 SF/Yr
      18,513 SF

      Downtown Historic Class A Office

      Class A historic office building in the heart of Downtown.
      119 South Main St, Memphis, TN 38103
      View Details
    • Contact for pricing
      4,000 SF

      Restaurant Space in Downtown Memphis

      4,000 SF fully built-out restaurant space for lease.
      10 S Main St, Memphis, TN 38103
      View Details
    • $4,800 /Mo
      370 SF

      Downtown Memphis Office Suites

      Historic Charm, Prime Location, 3 Suites Available
      242 Poplar Ave, Memphis, TN 38103
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    60 Main St
    Memphis, TN 38103-5171
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.