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    Property profile & analytics

    721 Brookhaven Cir Memphis, TN 38117-4503

    • Office buildings
    • 3,723 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Last Sale
    Nov 28, 2023
    $291,430
    Location Intelligence
    Property ID
    US80-3400163
    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

    • JNT Natural Medical / Pain Control Clinic / Chiropractor
    • Brookhaven Chiropractic Center / Chiropractor
    • Gloria Greene / Physical Therapy Clinic
    • Richard N. Hathcock, DC, FSBT / Chiropractor / Practitioner Service Location
    • Christopher Cummins / Family Practice Physician / General Practitioner

    Property Details for 721 Brookhaven Cir

    Year built
    1952
    Lot size
    0.48 lot acres
    Property size
    3,723 SF
    Zone code
    CMU-1
    Property type
    Office buildings
    APN
    056-034- - -00043
    APU
    5603400043

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $290,000
      7%
      $265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $310,000
      Retail
      $240,000
      Mixed-Use
      $290,000
      Hospitality
      $285,000
      Educational
      $255,000
      Residential Income
      $245,000
      Energy
      $265,000
      Income-Based Land
      $230,000
      Food Service
      $250,000

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8907
    Latitude
    35.1138
    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
    $10,641
    $108,080
    $66,600
    $174,680
    -
    $270,200
    $166,500
    $436,700

    Comparable in this City

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    • Value Estimation by Request
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    • Value Estimation
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      3,142 SF

      670 Oakleaf Ofc Ln

      OFFICE BUILDING • 3,142 SF
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    • Value Estimation
      $765,000
      9,750 SF

      465 Jack Kramer Dr

      OFFICE BUILDING • 9,750 SF
      465 Jack Kramer Dr, Memphis, TN 38117-4358
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Office Buildings Near Poplar Avenue

      Two office buildings totaling 11,844+/- SF near Poplar Avenue.
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    • $1,750,000
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      East Memphis Freestanding Office Building

      Class A office building in the heart of East Memphis.
      767 E Brookhaven Cir, Memphis, TN 38117
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      Office building for sale in the heart of East Memphis.
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      Renovated Office Space in Memphis

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    Similar Nearby for Lease

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      Class A office building in ideal East Memphis location.
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      Prime Location Office Space

      Office space with proximity to restaurants and shopping centers.
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      155,000 SF office park with convenient highway access.
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    • $46 SF/Yr
      4,822 SF

      Memphis Executive Office Suites

      Prestigious Office Space Available Now
      752 Brookhaven Cir, Memphis, TN 38117
      View Details
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    721 Brookhaven Cir
    Memphis, TN 38117-4503
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    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
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