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    6070 Shady Grove Rd Memphis, TN 38119
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    Property profile & analytics

    6070 Shady Grove Rd, Memphis, TN 38119

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    • Office buildings
    • 162,533 SF
    • 1.49 lot acres
    Class A Office Space Memphis For Lease
    $38,415,000
    4,405 SF

    Class A Office Space Memphis

    Class A office building in East Memphis business district.

    6070 Shady Grove Rd, Memphis, TN
    View Listing
    Property ID
    US80-1779676
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jeffrey S. Rosenblum, Esq. / Law Firm

    Property Details for 6070 Shady Grove Rd

    Year built
    2009
    Lot size
    1.49 lot acres
    Zone code
    OG
    Property type
    Office buildings
    APN
    080-024- - -00031
    APU
    8002400031

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 16, 2022 — Poplar Corridor Investments LLC Woods Weathersby E Quit Claim Deed · related —
    Apr 1, 2020 — Hrlp,triad Trust Highwoods Realty LP Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $44,210,000
      6.5%
      $40,810,000
      7%
      $37,895,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $38,333,000
      Market price range: $18.7M - $40.1M
      AI Estimate
      $36,098,000
      Market price range: $6.89M - $46.0M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $28,100,000
      Current use
      RESTAURANT
      $50,050,000
      Change: +78% Conversion: Moderate
      MEDICAL BUILDING
      $23,250,000
      Change: -17% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8599
    Latitude
    35.1035
    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
    $684,737
    $582,640
    $10,657,960
    $11,240,600
    -
    $1,456,600
    $26,644,900
    $28,101,500
    View Listing
    More about this property
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