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Property profile & analytics
OFF-MARKET Estimated value $280,000
Medical Office Space

740 Bartlett Rd Memphis, TN 38122-3004

3,600 SF 0.76 ac lot Built 1982
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US80-1984351
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1982
Total area 3,600 SF
Lot 0.76 ac (33,323 SF)
Zoning code RU-3
APN 063-071- - -00034
UPID US80-1984351
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ronald L Terhune MD Terrye T. Mastin, ANP Pediatrician Physician
  • Bluff City Multi-Specialty Clinic, now the Mastin Clinic Medical Clinic
  • Terrye Mastin, FNP Physician
  • MIG - The Mastin Clinic Medical Clinic
  • MIG - Jordan Internal Medicine Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k
Owner & transaction history
Elise All Star Academy LLC · 3 yrs held
Elise All Star Academy LLC
since 2023
Last sale
$289,000
3 recorded transactions
2023
$289,000
2022
$204,000
2022
Price N/A
Zoning & alternative use
RU-3 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Housing Type RU-1 RU-2 RU-3 RU-4 RU-5 Conventional Side Yard House Cottage ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ -- -- -- Semi-Attached Two-Family Townhouse ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ -- -- ■ Large Home Stacked Townhouse Apartment   -- ■ ■ -- ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ = Permitted -- = not permitted  = permitted by Special Use Permit Building Regulations for Permitted Housing…

Zone name Residential Urban 3
General category RESIDENTIAL
Zone area 7,600.37 ac
Source CHAPTER 1
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