Property profile

6029 Walnut Grv Rd Memphis, TN 38120

OFF-MARKET
Medical Office Space
Property ID
US80-0871067
122,020 SF 0.65 ac lot Built 2001
Entity Owned Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2001
Total area 122,020 SF
Lot 0.65 ac (28,314 SF)
Zoning code CA
APN 080-008- - -00554
UPID US80-0871067

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
  • Medical Laboratory
  • Weight Loss Service Bariatric Surgeon
  • Hospital
  • Medical Group
  • Orthotics & Prosthetics Service

Location

6029 Walnut Grv Rd Memphis, TN 38120-2112
Memphis metro Census 21311 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.74M
Blend (final) Blend
$14.59M

Owner & transaction history

Zoning & alternative use

CA · Memphis, TN
Zoning description

1. In the CA, CMU, EMP, WD, IH districts, outdoor runs are permitted. 2. In all other districts, outdoor runs are not permitted. All overnight care of animals must occur indoors. All pens, kennels and runs must be locate…

General category AGRICULTURAL
Top alternative use upside
Office building $21.1M +20.9%

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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