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    Coldwell Banker Collins-Maury

    6263 Poplar Ave, Suite 220, Memphis, TN
    (901) 259-8550
    Size: 10+ agents

    Agents

    Service Locations

    Mississippi

    Tennessee

    Property Types

    • Land
    • Commercial Sale
    • Residential Multi Family
    • Commercial Lease

    Listings

    For Sale (22)

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    Renovated Fourplex in Memphis
    $225,000
    2,816 SF

    Renovated Fourplex in Memphis

    Turnkey fourplex with income and growth potential in Memphis.

    1086 S Bellevue Blvd, Memphis, TN 38106
    View details
    Memphis Fourplex in Historic Neighborhood
    $373,000
    2,706 SF

    Memphis Fourplex in Historic Neighborhood

    Well-maintained fourplex in desirable Midtown location with immediate income potential.

    1736 Tutwiler Ave, Memphis, TN 38107
    View details
    Highway 64 Development Opportunity
    $4,750,000
    75.00 Acres

    Highway 64 Development Opportunity

    Prime 75-acre commercial land with high visibility and access.

    3131 Us 64 Hwy, Arlington, TN 38002
    View details
    Arlington, TN Development Opportunity
    $4,750,000
    75.13 Acres

    Arlington, TN Development Opportunity

    Prime 75-acre development land with high visibility and access.

    3131 Us 64 Hwy, Arlington, TN 38002
    View details
    Scenic Acreage in Mason, TN
    $440,000
    20.04 Acres

    Scenic Acreage in Mason, TN

    20.04 acres of land with open space and timber.

    Andrew Rd, Mason, TN 38049
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    Residential Land in Sarah, MS
    $69,900
    4.50 Acres

    Residential Land in Sarah, MS

    4.5 acre partially wooded lot in a quiet neighborhood.

    Aaron Rd, Sarah, MS 38665
    View details
    Cleared Agricultural Land Tract
    $80,000
    17.00 Acres

    Cleared Agricultural Land Tract

    Mostly cleared acreage in unincorporated Tipton County with greenbelt status and no city taxes.

    Highway 59, Burlison, TN 38015
    View details
    16 Acres on Hwy 59
    $180,000
    16.00 Acres

    16 Acres on Hwy 59

    16 acres in Tipton County, touches Hwy 59.

    Highway 59, Burlison, TN 38015
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    Land in Memphis, Tennessee
    Contact for pricing
    0.48 Acres

    Land in Memphis, Tennessee

    Two parcels of land available in Memphis, Tennessee.

    N 2Nd St, Memphis, TN 38107
    View details
    Commercial Property in Brownsville, TN
    $275,000
    5,861 SF

    Commercial Property in Brownsville, TN

    5,861 sqft commercial property with subdivision potential.

    1125 E College St, Brownsville, TN 38012
    View details
    Iconic Commercial Property in Memphis
    $190,000

    Iconic Commercial Property in Memphis

    Historic commercial property with entrepreneurial potential in Overton Squire.

    29 S Florence St, Memphis, TN 38104
    View details
    Historic Landmark Restoration Opportunity
    $165,000
    5,150 SF

    Historic Landmark Restoration Opportunity

    Iconic 1905 Colonial Revival building in Holly Springs, MS.

    158 E College Ave, Holly Springs, MS 38635
    View details
    Como, MS Wooded Land
    Contact for pricing
    2.00 Acres

    Como, MS Wooded Land

    Two acre wooded lot in rural area near Batesville.

    Betty Walton Rd, Como, MS 38619
    View details
    Como, MS Land Opportunity
    $267,131
    19.30 Acres

    Como, MS Land Opportunity

    19.3 acres of land in Como, Mississippi.

    Betty Walton Rd, Como, MS 38619
    View details
    Land in Como, Mississippi
    $30,450
    2.20 Acres

    Land in Como, Mississippi

    2.2 acres of land near Batesville and Senatobia.

    Lucius Taylor Rd, Como, MS 38619
    View details
    Arlington Land with Development Potential
    $3,400,000
    10.50 Acres

    Arlington Land with Development Potential

    10+ acres in prime Arlington location with development potential.

    Airline Rd, Arlington, TN 38002
    View details
    Waterfront Lot in Gated Community
    $475,000
    0.44 Acres

    Waterfront Lot in Gated Community

    Premium waterfront lot with private boat slip and lake access.

    9952 Loch Lucerne Pt, Lakeland, TN 38002
    View details
    Bartlett Reserve Landlocked Acreage
    $155,000
    62.06 Acres

    Bartlett Reserve Landlocked Acreage

    62 acres in Bartlett Reserve area, being sold as-is.

    Cedar Grove Rd, Arlington, TN 38002
    View details
    Red Banks Land Opportunity
    $50,000
    2.00 Acres

    Red Banks Land Opportunity

    Two-acre lot suitable for residential use near major routes.

    227 Felix Rd, Red Banks, MS 38661
    View details
    Memphis Land Parcel Package
    Contact for pricing
    0.30 Acres

    Memphis Land Parcel Package

    Two parcels of land available in Memphis, Tennessee.

    lot 1-3 & Leo Ave, Memphis, TN 38103
    View details
    Arlington Land with Development Potential
    $3,400,000

    Arlington Land with Development Potential

    Prime 10+ acre lot in Arlington with utilities on site.

    00 Airline Rd, Arlington, TN 38002
    View details
    Renovated Fourplex in Strong Rental Market
    Contact for pricing

    Renovated Fourplex in Strong Rental Market

    Fourplex with immediate income stream and growth potential.

    1086 South Bellevue Blvd, Memphis, TN 38106
    View details

    For Lease (3)

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    Prime Commercial Land Opportunity
    $2,500 / Mo
    2,148 SF

    Prime Commercial Land Opportunity

    Corner lot near I-40, ideal for restaurant or drive-through.

    196 Law Road Ext, Jackson, TN 38305
    View details
    Prime Commercial Land Opportunity
    $1.00 SF/Yr
    6 SF

    Prime Commercial Land Opportunity

    Corner lot ideal for quick service restaurant or drive-through coffee.

    154 Law Road Ext, Jackson, TN 38305
    View details
    New Retail Bays in Jackson
    $25 SF/Yr
    12,300 SF

    New Retail Bays in Jackson

    New retail bays with excellent access and growth potential.

    17 Colonnade Blvd, Jackson, TN 38305
    View details

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    Coldwell Banker Collins-Maury
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Coldwell Banker Collins-Maury
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