199 BENSON RD
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Location
199 BENSON RD
Mblu
8-02/ / 006/ /
Acct#
M0201800
Owner
OLYMBEC PRESTON PARK LP
Assessed Value
$3,884,230
Appraisal
$5,548,900
PID
2122
Building Count
2
Current Value
Appraisal
Valuation YearImprovementsLandAppraised Value
2025$2,941,900$2,607,000$5,548,900
Assessment
Valuation YearImprovementsLandTotal
2025$2,059,330$1,824,900$3,884,230

Owner of Record
OwnerOLYMBEC PRESTON PARK LP
Co-Owner
Address1004 E BROOKS RD
MEMPHIS, TN 38116-1708
Sale Price$6,409,000
Book & Page 0294/1045
Sale Date04/18/2017
Instrument27

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
OLYMBEC PRESTON PARK LP$6,409,0000294/10452704/18/2017
PRESTON PARK 2004 LLC$29,973,0000200/10850003/10/2004
PRESTON HILL MIDDLEBURY,LLC$20,336,0000182/01330008/28/2002
MIDDLEBURY PARTNERSHIP$10110/0456XX12/30/1987

Building Information
Building 1 : Section 1
Year Built: 1972
Living Area: 318,365
Building Attributes
FieldDescription
StyleOff/Ret/Whs
ModelCommercial
GradeC+
Stories1 Story
Occupancy1.00
Exterior Wall ABrick
Exterior Wall B 
Roof StructureFlat
Roof CoverT & G, Rubber
Interior Wall ADrywall
Interior Wall B 
Interior Floor ACarpet
Interior Floor B 
Heating FuelGas
Heating TypeForced Air
AC TypeCentral
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 175,071 175,071
FUSFinished Upper Story 143,294 143,294
CANCanopy 2,236 0
CPOConcrete Patio 456 0
FEPEnclosed Porch 150 0
FOPOpen Porch 1,780 0
SOLSolarium 1,760 0
   324,747 318,365
Building 2 : Section 1
Year Built: 1969
Living Area: 13,664
Building Attributes : Bldg 2 of 2
FieldDescription
StylePower Plant
ModelComm/Ind
GradeC
Stories1 Story
Occupancy1.00
Exterior Wall AConcr/Cinder
Exterior Wall B 
Roof StructureFlat
Roof CoverT & G, Rubber
Interior Wall ADrywall
Interior Wall B 
Interior Floor AConcrete
Interior Floor B 
Heating FuelGas
Heating TypeForced Air
AC TypeNone
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 13,664 13,664
SLBSlab 13,664 0
   27,328 13,664

Extra Features
Extra Features
CodeDescriptionSizeValueAssessed Value
SPR1Sprinklers- Wet318365.00 S.F.$63,700$44,590
LDL1Load Levelers1.00 Units$200$140

Land
Land Use
Use Code340
DescriptionOff Bldg  
ZoneL200
Land Line Valuation
Size (Acres)40.53
Total Market Land$1,824,900
Appraised Value$2,607,000

Outbuildings
Outbuildings
CodeDescriptionSizeValueAssessed Value
PAV1Paving-Asphalt640000.00 S.F.$960,000$672,000
TNK2Tank 3000-10000 Gal1.00 Gals$0$0
 GUARD $0$0
LT11 Light w/Pole70.00 Units$69,300$48,510
LT22 Lights w/Pole34.00 Units$49,800$34,860
LT33 Lights w/Pole2.00 Units$3,900$2,730
Valuation History
Appraisal
Valuation YearImprovementsLandAppraised Value
2025$11,823,100$2,336,500$14,159,600
2021$11,823,100$2,336,500$14,159,600
2020$4,655,800$2,344,200$7,000,000

Assessment
Valuation YearImprovementsLandTotal
2025$8,276,200$1,635,600$9,911,800
2021$8,276,200$1,635,600$9,911,800
2020$3,259,100$1,640,900$4,900,000

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