7114 WinchesterMemphis, TN 38125

  • Strip malls
  • 6,720 SF
Off market
$14,918,030 Estimated

Property Details for 7114 Winchester

Year built
2003
Lot size
1.49 AC
Property size (Sq ft)
6,720 SF
Zone code
CA
Property type
Strip malls
Property subtype
Neighborhood centers
APN
093-500- - -00553
APU
9350000553

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,116,600
    6.5%
    $1,030,700
    7%
    $957,082
  • Comparable approach

    Method
    Valuation
    Relative Method
    $544,847
    Geo Method
    $544,847
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,019,690
    Mixed-Use / Specialty
    $1,023,100
    Hospitality / Lodging
    $745,505
    Office
    $1,012,930
    Institutional / Educational
    $1,062,210
    Residential Income
    $1,242,790
    Multifamily
    $1,512,300
    Automotive / Energy
    $910,466
    Parking / Income-Based Land
    $318,070
    Restaurant / Food Service
    $523,742
    Healthcare / Senior Housing
    $1,053,200

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.0496
Longitude
-89.8263
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
$17,337
$136,560
$148,040
$284,600
-
$341,400
$370,100
$711,500

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