6015 ParkMemphis, TN 38119

  • Hospitality properties
  • 76,722 SF
Off market
$40,485,980 Estimated

Property Details for 6015 Park

Year built
1986
Lot size
4.04 AC
Property size (Sq ft)
76,722 SF
Zone code
OG
Property type
Hospitality properties
Property subtype
Hotels
APN
081-004- - -00011
APU
8100400011

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,555,983
    6.5%
    $11,590,139
    7%
    $10,762,272
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,055,931
    Geo Method
    $14,055,931
  • Alternative Use

    Use
    Valuation
    Residential
    $12,653,064
    Hospitality
    $11,590,139
    Educational
    $9,642,859
    Medical
    $9,974,492
    Retail
    $15,000,003
6015 Park, Memphis, Tennessee

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.0994
Longitude
-89.8618
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
$192,742
$981,240
$2,182,800
$3,164,040
-
$2,453,100
$5,457,000
$7,910,100

Property Visit Statistics

  • Visits by month
    10.2k
  • Visitors by month
    7.7k
  • Avg Time on site
    66 min

FAQs

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