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Property profile & analytics
OFF-MARKET Estimated value $235,000
Medical Office Space

969 Frayser Blvd Memphis, TN 38127-5977

19,013 SF 3.51 ac lot Built 2014
Entity Owned 13-yr Hold Absentee Owner Free & Clear
Property ID
US80-1655947
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2014
Construction FRAME
Total area 19,013 SF
Lot 3.51 ac (152,896 SF)
Zoning code RU-3
APN 069-004- - -00160-C
UPID US80-1655947
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
  • CCHS: Frayser Health Center Medical Clinic
  • Dr. Amelya Hardaway Dental Office
  • Dr. Robert Hoover Pediatrician Physician
  • Brian Wong Physician
  • Dr. Benjamin Andrews Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.72M
Blend (final) Blend
$235k
Owner & transaction history
Christ Cmnty Health Svcs INC · 13 yrs held
Christ Cmnty Health Svcs INC
since 2013
2 recorded transactions
2013
$225,000
2013
Price N/A
Zoning & alternative use
RU-3 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Housing Type RU-1 RU-2 RU-3 RU-4 RU-5 Conventional Side Yard House Cottage ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ -- -- -- Semi-Attached Two-Family Townhouse ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ -- -- ■ Large Home Stacked Townhouse Apartment   -- ■ ■ -- ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ = Permitted -- = not permitted  = permitted by Special Use Permit Building Regulations for Permitted Housing…

Zone name Residential Urban 3
General category RESIDENTIAL
Zone area 7,600.37 ac
Source CHAPTER 1
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