Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    855 Ridge Lake Blvd Memphis, TN 38120

    • Office buildings
    • 89,248 SF
    • 3.31 lot acres
    For Lease
    View listing
    Value Estimation
    $6,775,000
    Last Sale
    Aug 12, 2022
    $7,900,000
    Location Intelligence
    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.

    Current Use by Public Records

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

    Property Details for 855 Ridge Lake Blvd

    Year built
    1973
    Lot size
    3.31 lot acres
    Property size
    89,248 SF
    Zone code
    OG
    Property type
    Office buildings
    APN
    080-023- -A-00022
    APU
    080023A00022

    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 Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,710,000
      6.5%
      $8,525,000
      7%
      $8,175,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $8,765,000
      Geo Method
      $7,535,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,560,000
      Retail
      $8,005,000
      Mixed-Use
      $8,320,000
      Hospitality
      $7,125,000
      Educational
      $7,560,000
      Residential Income
      $7,705,000
      Energy
      $7,315,000
      Income-Based Land
      $7,365,000
      Food Service
      $7,665,000

    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

    Comparable in this City

    • Value Estimation
      $9,590,000
      18,722 SF

      1717 Massey Rd

      OFFICE BUILDING • 18,722 SF
      1717 Massey Rd, Memphis, TN 38120-4206
      View Details
    • Value Estimation
      $465,000
      7,582 SF

      1655 International Dr

      OFFICE BUILDING • 7,582 SF
      1655 International Dr, Memphis, TN 38120-1436
      View Details
    • Value Estimation
      $315,000
      60,241 SF

      5860 Ridgeway Ctr Pkwy

      OFFICE BUILDING • 60,241 SF
      5860 Ridgeway Ctr Pkwy, Memphis, TN 38120-4030
      View Details
    • Value Estimation
      $660,000
      10,417 SF

      5900 Ridgeway Loop Rd

      OFFICE BUILDING • 10,417 SF
      5900 Ridgeway Loop Rd, Memphis, TN 38120
      View Details
    • Value Estimation
      $735,000
      29,564 SF

      1669 Kirby Pkwy

      OFFICE BUILDING • 29,564 SF
      1669 Kirby Pkwy, Memphis, TN 38120-4373
      View Details
    • Value Estimation by Request
      55,676 SF

      813 Rdg Lk Blvd

      OFFICE BUILDING • 55,676 SF
      813 Rdg Lk Blvd, Memphis, TN 38120-9403
      View Details

    Similar Nearby for Sale

    • $4,500,000
      17,966 SF

      Valleybrook Drive Office Building For Sale

      Spacious office building with flexible layout available for sale.
      825 Valleybrook Dr, Memphis, TN 38120
      View Details
    • $539,000
      1,582 SF

      Ground Floor Office Condo

      Office condo for sale with exterior maintenance included.
      6373 N Quail Hollow Rd, Memphis, TN 38120
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,885 SF

      Class B Office Space Available

      Two-story office building with flexible space and convenient parking.
      5865 Ridgeway Center Pkwy, Memphis, TN 38120
      View Details
    • Contact for pricing
      2,457 SF

      Renovated Office Building For Lease

      Six-story office building with ample parking and renovated lobby.
      855 Ridge Lake Blvd, Memphis, TN 38120
      View Details
    • Contact for pricing
      4,405 SF

      Class A Office Space Memphis

      Class A office building in East Memphis business district.
      6070 Shady Grove Rd, Memphis, TN 38120
      View Details
    • Contact for pricing
      936 SF

      Class B Office Space Available

      Class B office building with on-site management and convenient parking.
      5885 Ridgeway Center Pkwy, Memphis, TN 38120
      View Details
    • Contact for pricing
      5,558 SF

      Class A Office Space

      155,000 SF office building in Ridgeway Center.
      1000 Ridgeway Loop Rd, Memphis, TN 38120
      View Details
    • $22 SF/Yr
      18,142 SF

      Regus Colonnade

      Office space • 18,142 SF
      1661 International Dr, Memphis, TN 38120
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    855 Ridge Lake Blvd
    Memphis, TN 38120
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.