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Property profile & analytics

779 Walnut Knl Ln Memphis, TN 38018

  • Office buildings
  • 6,000 SF
  • 0.37 lot acres
For Sale
Last Sale
Aug 17, 2023
$219,500
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US80-0470434
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

  • Murphy & Associates / Insurance Agency
  • Cordova Music Academy / Music School
  • Grace Assembly / Religious Organization

Property Details for 779 Walnut Knl Ln

Year built
1987
Lot size
0.37 lot acres
Property size
6,000 SF
Zone code
RU-3
Property type
Office buildings
APN
091-034- - -00009
APU
9103400009

Description

This Class A, multi-tenant office building at 779 Walnut Knoll Lane, Memphis, TN 38018, presents a compelling investment opportunity. The 6,000 square foot property is ideally situated for convenient access to Germantown Parkway and the broader Memphis business community. The building offers a flexible layout, currently configured as two separate office spaces downstairs (3,000 sq ft each) and two separate apartments upstairs (3,000 sq ft total). This multi-use configuration provides significant versatility and potential for diverse income streams. The asking price is $830,000, translating to $138.33 per square foot. This represents a strong value proposition in a thriving market. The property's modern amenities and adaptable floor plans allow for customization to suit a variety of business needs. Invest in this exceptional opportunity to secure a foothold in one of Memphis's most desirable commercial areas. The building's strategic location and flexible design make it an ideal investment for both established businesses and forward-thinking entrepreneurs seeking a high-return property in a dynamic market. Don't miss this chance to own a piece of Memphis's vibrant commercial landscape.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $210,000
    ML approach
    $240,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $328,000
    Market price range: $328k - $780k

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


Location Insight

  • Map
  • Local Demand
City
Cordova
County
Shelby
State
Tennessee
Longitude
-89.7941
Latitude
35.1464
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
$4,751
$31,200
$46,800
$78,000
-
$96,000
$144,000
$240,000
More about this property
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