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Property profile & analytics
OFF-MARKET Estimated value $570,000
Hospitals

848 Adams Ave Memphis, TN 38103-2816

9,490 SF 1.96 ac lot Built 1952
Individually Owned Free & Clear
Property ID
US80-1726849
Property profile
Verified
Property type Hospitals
Use group HOSPITAL - PRIVATE
Year built 1952
Total area 9,490 SF
Lot 1.96 ac (85,334 SF)
Zoning code CMP-1
APN 018-049- - -00018
UPID US80-1726849
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
$1.36M
Blend (final) Blend
$570k
Owner & transaction history
CITY MEMPHIS
CITY MEMPHIS
Zoning & alternative use
CMP-1 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

1. Campus Master Plan - 1 (CMP-1) The CMP-1 District is intended to accommodate new development where the land -use pattern is predominately urban in character. New development should be urban in character with an emphasis on compact, vertical, pedestrian-oriented, mixed use development that fit seamlessly into the built environment. Landscaping requirements…

Zone name Campus Master Plan 1
General category MIXED_USE
Zone area 862.76 ac
Source CHAPTER 1
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