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Property profile & analytics
FOR SALE
Medical Office Space

771 Mallory Ave Memphis, TN 38106-7527

1,418 SF 0.25 ac lot Built 1922
Individually Owned 3-yr Hold
Property ID
US80-1252650
No photos on file
For Sale
Contact for pricing 1,418 SF
771 Mallory Ave, Memphis, TN 38106-7527
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Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1922
Total area 1,418 SF
Lot 0.25 ac (10,890 SF)
Zoning code RU-1
APN 049-063- - -00015
UPID US80-1252650
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
  • Lott Family Dentistry Dental Office
  • Lott John B DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$110k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$120k
Owner & transaction history
Shaquana Turner · 3 yrs held
Shaquana Turner
since 2023
Last sale
$125,000
4 recorded transactions
2023
$1,500
1999
$125,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
RU-1 · 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 1
General category RESIDENTIAL
Zone area 6,457.84 ac
Source CHAPTER 1
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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