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    855 Ridge Lake Blvd Memphis, TN 38120
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    Property profile & analytics

    855 Ridge Lake Blvd, Memphis, TN 38120

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    • Office buildings
    • 89,248 SF
    • 3.31 lot acres
    Renovated Office Building For Lease For Lease
    $7,680,000
    2,457 SF

    Renovated Office Building For Lease

    Six-story office building with ample parking and renovated lobby.

    855 Ridge Lake Boulevard, Memphis, TN
    View Listing
    Property ID
    US80-1257230
    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
    $7,680,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Evolve Bank & Trust Home Loan Center / Loan Service / Bank
    • Wesley Channels - State Farm Insurance Agent / Insurance Agency
    • Law Office of E.M.Wafula,PLLC / Law Firm
    • Churchill Studios / Film Production / Television Studio
    • Colby Dorris - Mortgage Lender / Loan Service / Bank

    Property Details for 855 Ridge Lake Blvd

    Year built
    1973
    Lot size
    3.31 lot acres
    Zone code
    OG
    Property type
    Office buildings
    APN
    080-023- -A-00022
    APU
    080023A00022

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 12, 2022 $7,900,000 Harrimack Holdings Acquisiations Ll Gregory Realty Gp Warranty Deed $5.9M · Planters Bank & Trust Co
    Feb 13, 2018 — Gregory Realty Gp Industrial Dev Board Of City/me Quit Claim Deed · related —
    Jun 30, 2017 — Gregory Realty Gp Ridge Lake Tn Realty Holdings Quit Claim Deed · related $5.6M · Citizens Nat'l Bk/meridian
    Nov 5, 2014 — Ridge Lake Tn Realty Holdings 855 Ridge Lake Boulevard LLC Quit Claim Deed · related $4.2M · C-iii Com'l Mtg
    Aug 25, 2010 — Industrial Dev Board Of City/memp 855 Ridge Lake Boulevard LLC Grant Deed · related —
    Jul 21, 2005 — 855 Ridge Lake Boulevard LLC Ap Properties Quit Claim Deed · related —

    Description

    This exceptional traditional office space, located at 855 Ridge Lake Blvd in Memphis, Tennessee, offers a single suite totaling 3,500 square feet. Situated in a six-story Class C building constructed in 1973, this property boasts a convenient location off the Poplar and I-240 corridor in East Memphis. The building features an elevator for easy access to all floors. The address is 855 Ridge Lake Blvd, Memphis, TN 38120, with Shelby County APN 080023 A00022. This multiple-tenancy building provides a professional environment with proximity to a variety of local retail shops and restaurants. The available space is ideal for businesses seeking a well-located, functional office environment in a thriving East Memphis commercial district. The maximum contiguous square footage available is 3,500 square feet. This presents a unique opportunity for a business seeking a single, sizable office suite in a well-established building. The property's convenient location offers easy access to major transportation routes, enhancing its appeal to businesses and employees alike.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $6,280,000
      ML approach
      $7,345,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $10,263,000
      Market price range: $10.3M - $22.0M
      AI Estimate
      $8,982,000
      Market price range: $3.78M - $25.3M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $12,765,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8688
    Latitude
    35.1084
    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
    $170,390
    $924,840
    $1,872,280
    $2,797,120
    -
    $2,312,100
    $4,680,700
    $6,992,800
    View Listing
    More about this property
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