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Property profile & analytics
OFF-MARKET Estimated value $445,000
Hospitals

848 Adams Ave Memphis, TN 38103-2816

509,172 SF Built 1952
Entity Owned Free & Clear
Property ID
US80-1163341
Property profile
Verified
Property type Hospitals
Use group HOSPITAL - PRIVATE
Year built 1952
Total area 509,172 SF
Zoning code H
APN 018-049- - -00018-L
UPID US80-1163341
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
  • Gift Shop (Bike/Boat/Book/etc) Store
  • Le Bonheur Children's Med Center Hospital Children's Hospital
  • Sandeep Chilakala, MD Pediatrician Medical Clinic
  • C. Volk Vinall, DMD, MS Pediatrician Medical Clinic
  • Jeanelle Ali, PhD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$16.57M
Blend (final) Blend
$445k
Owner & transaction history
LEBONHEUR HOSPITAL INC
LEBONHEUR HOSPITAL INC
Zoning & alternative use
H · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

H Historic Overlay -AP Airport Overlay -FP Floodplain Overlay -FC Fletcher Creek Overlay -NC Neighborhood Conservation Overlay -MD Midtown District Overlay Article 2 Districts and Uses 2.2 District Intent Statements 2.2.1 Open Districts Memphis/Shelby County Unified Development Code 13 ZTA 24-2 2.2 DISTRICT INTENT STATEMENTS Open Districts A. Parks (P) 1. Th…

Zone name Historic
General category SPECIAL
Zone area 11.92 ac
Source CHAPTER 1
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