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    825 Rdg Lk Blvd Memphis, TN 38120-9411
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    Property profile & analytics

    825 Rdg Lk Blvd, Memphis, TN 38120-9411

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    • Medical Office Space
    • 42,668 SF
    • 1.76 lot acres
    Off-Market
    Property ID
    US80-0117459
    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.

    Value Estimations
    $4,510,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Eye Specialty Group: Brown Thomas MD / Ophthalmologist
    • Dr. James A. Savage, MD / Ophthalmologist
    • Vitreoretinal Foundation: Cordahi Gus MD / Ophthalmologist
    • Dr. Andrew M. Krauss, MD / Ophthalmologist
    • Barbara Overbey / Physician

    Property Details for 825 Rdg Lk Blvd

    Year built
    1974
    Lot size
    1.76 lot acres
    Zone code
    OG
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    080-023- -A-00021
    APU
    080023A00021

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 24, 2020 — Arhc Esmemtno1 LLC — Deed · related $378.5M · Capital One NA
    Jul 11, 2017 — Arhc Esmemtn01 LLC — Deed · related $250M · Capital One NA
    Aug 31, 2016 — Merchants Capital R & E LLC — Deed · related $9.6M · First Tn Bk
    Dec 8, 2014 $9,400,000 Arhc Esmemtn01 LLC Vrf Building Partners LLC Grant Deed —
    Jun 28, 2011 — Vrf Building Partners LLC — Deed Of Trust · related $7.5M · Trustmark National Bank
    Apr 5, 2004 $8,200,000 Vrf Building Partners LLC Rme Associates Grant Deed $7.6M · Bancorp South Bank
    Feb 2, 2000 $400,270 Rme Associates Eyecorp INC Grant Deed $2.5M · First Tennessee Bank National
    — — Arhc Esmemtno1 LLC — Loan Modification · related $378.5M · Capital One NA
    — — Vrf Building Partners LLC — Deed Of Trust · related $8M · Trustmark National Bank
    — — Merchants Capital R & E LLC — Deed Of Trust · related $9.6M · First Tn Bk
    — — Arhc Esmemtn01 LLC — Deed Of Trust · related $250M · Capital One NA

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,325,000
      Market price range: $2.46M - $9.01M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $6,105,000
      Current use
      OFFICE BUILDING
      $7,375,000
      Change: +21% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8688
    Latitude
    35.109
    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
    $103,326
    $521,840
    $1,174,360
    $1,696,200
    -
    $1,304,600
    $2,935,900
    $4,240,500
    More about this property
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