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

    707 Adams Ave Memphis, TN 38105-5045

    • Office buildings
    • 7,532 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    $765,000
    Last Sale
    May 11, 2022
    $725,000
    Location Intelligence
    Property ID
    US80-1827573
    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

    • Aerosol Information Technology / Computer Service
    • Kaplan & Bingham / Family Law Attorney / Attorney
    • Lockard James O / Personal Injury Attorney
    • James Bingham, Attorney / Attorney
    • Mediation, Arbitration and Alternative Dispute Resolution / Consultant

    Property Details for 707 Adams Ave

    Year built
    1860
    Lot size
    0.60 lot acres
    Property size
    7,532 SF
    Zone code
    RU-4
    Property type
    Office buildings
    APN
    023-021- - -00001
    APU
    2302100001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $785,000

    • CAP approach

      CAP return
      Estimation
      6%
      $815,000
      6.5%
      $780,000
      7%
      $725,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $840,000
      Geo Method
      $840,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $645,000
      Retail
      $740,000
      Mixed-Use
      $795,000
      Hospitality
      $630,000
      Educational
      $775,000
      Residential Income
      $765,000
      Energy
      $660,000
      Income-Based Land
      $835,000
      Food Service
      $795,000

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0371
    Latitude
    35.1439
    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
    $8,840
    $90,760
    $54,360
    $145,120
    -
    $226,900
    $135,900
    $362,800

    Comparable in this City

    • Value Estimation
      $115,000
      2,026 SF

      245 Exchange Ave

      OFFICE BUILDING • 2,026 SF
      245 Exchange Ave, Memphis, TN 38105-3503
      View Details
    • Value Estimation
      $1,140,000
      10,930 SF

      493 Frnt St

      OFFICE BUILDING • 10,930 SF
      493 Frnt St, Memphis, TN 38105-1500
      View Details
    • Value Estimation
      $155,000
      1,822 SF

      243 Exchange Ave

      OFFICE BUILDING • 1,822 SF
      243 Exchange Ave, Memphis, TN 38105-3503
      View Details
    • Value Estimation
      $295,000
      6,151 SF

      638 Jefferson Ave

      OFFICE BUILDING • 6,151 SF
      638 Jefferson Ave, Memphis, TN 38105-4912
      View Details
    • Value Estimation by Request
      6,142 SF

      314 Aw Willis Ave

      OFFICE BUILDING • 6,142 SF
      314 Aw Willis Ave, Memphis, TN 38105-1910
      View Details
    • Value Estimation by Request
      8,964 SF

      1177 Poplar Ave

      OFFICE BUILDING • 8,964 SF
      1177 Poplar Ave, Memphis, TN 38105-4812
      View Details

    Similar Nearby for Sale

    • $250,000

      Memphis Poplar Ave Commercial Property

      Large Transitional Housing Facility - Renovation Needed
      610 Poplar Ave, Memphis, TN 38105
      View Details
    • $49,999
      0.13 Acres

      Vacant Lot in Memphis

      Vacant lot in Memphis, TN, ready for development.
      230 Decatur St, Memphis, TN 38105
      View Details
    • $1,000,000

      Prime Land Near LeBonheur Hospital

      Two connected lots in Memphis Medical District, ideal for development.
      882 Poplar Ave, Memphis, TN 38105
      View Details
    • Contact for pricing

      Land Available in Medical District

      Land available in the East Submarket with access to Le Bonheur Campus.
      806 Poplar Ave, Memphis, TN 38105
      View Details
    • Contact for pricing
      6,298 SF

      Restaurant Opportunity on Poplar Avenue

      6,298 SF restaurant site in East Memphis for sale.
      6201 Poplar Ave, Memphis, TN 38105
      View Details
    • $350,000

      Corner Lot with Existing Structures

      0.4 acre corner lot with existing rental income.
      549 Parkway S, Memphis, TN 38105
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,268 SF

      Prominent Office Building For Lease

      25,000 SF office building with drive-thru and ample parking.
      5240 Poplar Ave, Memphis, TN 38105
      View Details
    • $26 SF/Yr
      1,712 SF

      Two-Story Office Building For Rent

      Two-story office building with Poplar Avenue visibility and ample parking.
      6800 Poplar Ave, Germantown, TN 38105
      View Details
    • Contact for pricing
      460 SF

      East Germantown Office Space

      460 square foot office space available for rent.
      5500 Poplar Ave East, Germantown, TN 38105
      View Details
    • Contact for pricing
      1,287 SF

      Office Space in Ridgeway Center

      Office space for rent in East Memphis business district.
      5900 Poplar Ave, Memphis, TN 38105
      View Details
    • Contact for pricing
      3,466 SF

      East Memphis Office Space Available

      Office space for rent in East Memphis with covered parking.
      6410 Poplar Ave East, Germantown, TN 38105
      View Details
    • Contact for pricing
      50,000 SF

      Memphis Warehouse Space For Lease

      50,000 SF warehouse space near I-55 and Downtown Memphis.
      276 Parkway S, Memphis, TN 38105
      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.
    707 Adams Ave
    Memphis, TN 38105-5045
    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.