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    Property profile & analytics

    959 Ridgeway Loop Rd Memphis, TN 38120-4043

    • Office buildings
    • 33,398 SF
    • 2.36 lot acres
    OFF-MARKET
    Value Estimation
    $975,000
    Location Intelligence
    Property ID
    US80-1787952
    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

    • US Food & Drug Administration / Federal Government Office / Public Health Department
    • Dunavant Enterprises Inc / Freight Forwarding Service
    • Dunavant Global Logistics Group, LLC / Trucking Company
    • AutoZone Liberty Bowl / Event Management Company
    • US Health & Human Services / Public Health Department

    Property Details for 959 Ridgeway Loop Rd

    Year built
    1977
    Lot size
    2.36 lot acres
    Property size
    33,398 SF
    Zone code
    CMU-1
    Property type
    Office buildings
    APN
    080-023- -A-00036
    APU
    080023A00036

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $955,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,210,000
      6.5%
      $1,165,000
      7%
      $1,355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,235,000
      Geo Method
      $1,165,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,410,000
      Retail
      $1,195,000
      Mixed-Use
      $1,570,000
      Hospitality
      $1,195,000
      Educational
      $1,270,000
      Residential Income
      $1,440,000
      Energy
      $1,445,000
      Income-Based Land
      $1,160,000
      Food Service
      $1,265,000

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8647
    Latitude
    35.1058
    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
    $61,350
    $677,080
    $330,040
    $1,007,120
    -
    $1,692,700
    $825,100
    $2,517,800

    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
      103,252 SF

      889 Rdg Lk Blvd

      OFFICE BUILDING • 103,252 SF
      889 Rdg Lk Blvd, Memphis, TN 38120-9425
      View Details

    Similar Nearby for Sale

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      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.
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    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
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    959 Ridgeway Loop Rd
    Memphis, TN 38120-4043
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    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
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