7767 ReeseMemphis, TN 38133

  • Assisted living facilities
  • 5,589 SF
Off market
$10,048,930 Estimated

Property Details for 7767 Reese

Year built
2019
Lot size
1.00 AC
Property size (Sq ft)
5,589 SF
Zone code
CA
Property type
Assisted living facilities
Property subtype
Retirement homes
APN
095-400- - -00624
APU
9540000624

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $948,937
    6.5%
    $875,942
    7%
    $813,375
  • Comparable approach

    Method
    Valuation
    Relative Method
    $448,790
    Geo Method
    $448,790
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,679,770
    Retail / Commercial
    $857,232
    Mixed-Use / Specialty
    $850,910
    Hospitality / Lodging
    $620,034
    Office
    $842,453
    Institutional / Educational
    $883,436
    Residential Income
    $1,033,620
    Multifamily
    $1,257,780
    Automotive / Energy
    $757,231
    Parking / Income-Based Land
    $264,538
    Restaurant / Food Service
    $435,595

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.1932
Longitude
-89.8041
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
-
-
-
-
-
$370,800
$672,100
$1,042,900

FAQs

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