975 ThomasMemphis, TN 38107

  • Day care centers & nurseries
  • 8,675 SF
Off market
$5,720,790 Estimated

Property Details for 975 Thomas

Year built
1966
Lot size
0.57 AC
Property size (Sq ft)
8,675 SF
Zone code
MU
Property type
Day care centers & nurseries
APN
022-034- - -00035-C
APU
02203400035C

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,221,807
    6.5%
    $1,127,822
    7%
    $1,047,263
  • Comparable approach

    Method
    Valuation
    Relative Method
    $777,748
    Geo Method
    $777,748
  • Alternative Use

    Use
    Valuation
    Residential
    $1,430,689
    Hospitality
    $1,310,504
    Educational
    $1,090,324
    Medical
    $1,127,822
    Retail
    $1,696,059

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.1681
Longitude
-90.0366
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
$5,166
$14,320
$70,480
$84,800
-
$35,800
$176,200
$212,000

FAQs

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