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    For Sale (33)

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    Residential Land Near Town Square
    $221,000
    0.60 Acres

    Residential Land Near Town Square

    Land for custom home in Collierville Historic District.

    289 E Poplar Ave, Collierville, TN 38017
    View details
    10.77 Acres Development Opportunity
    $1,225,000
    10.77 Acres

    10.77 Acres Development Opportunity

    10.77 acres suitable for multifamily or residential development.

    8727 Thor Rd, Memphis, TN 38018
    View details
    34.88 Acres Land in Jackson
    $160,000
    34.88 Acres

    34.88 Acres Land in Jackson

    Land suitable for home, subdivision, tree farm, or mini-farm.

    N Lk Catherin / Lakeshore Rd. Dr, Jackson, MS 39212
    View details
    Moscow, TN Recreational Land Parcel
    $549,000
    83.99 Acres

    Moscow, TN Recreational Land Parcel

    83.99 acre surveyed Fayette County sportsman's paradise near Collierville, TN.

    83 Hays Rd, Moscow, TN 38057
    View details
    118 Acres in Vancleave, MS
    $875,000
    118.00 Acres

    118 Acres in Vancleave, MS

    118 wooded acres for a Southern retreat in Vancleave.

    Joe Batt Rd, Vancleave, MS 39565
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    Arlington, TN Land Opportunity
    $519,900
    4.40 Acres

    Arlington, TN Land Opportunity

    Land available for residential development in Arlington, Tennessee.

    Milton Wilson Dr, Arlington, TN 38002
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    Ashland, MS 40-Acre Tract
    $225,000
    40.00 Acres

    Ashland, MS 40-Acre Tract

    40 acres in Ashland, MS, fenced, with pond.

    Highway 4, Ashland, MS 38603
    View details
    100 Acres Recreational Timber Tract
    $374,900
    101.00 Acres

    100 Acres Recreational Timber Tract

    100 acres of hardwood and pine timber near Collierville, TN.

    Perry Chapel Rd, Ashland, MS 38603
    View details
    Memphis Commercial Land For Sale
    $519,900
    3.55 Acres

    Memphis Commercial Land For Sale

    3.55 acre commercial land parcel in Memphis, Tennessee.

    4104 Austin Peay Hwy, Memphis, TN 38128
    View details
    Collierville Land in Prime Location
    $7,600,000
    34.10 Acres

    Collierville Land in Prime Location

    34.11 acres of agricultural land with development potential.

    Collierville, TN 38017
    View details
    Arlington, TN Versatile Land
    $355,000
    2.40 Acres

    Arlington, TN Versatile Land

    2.4 acres suitable for residential or commercial development.

    Milton Wilson Dr, Arlington, TN 38002
    View details
    Residential Lot in Cloisters Subdivision
    $99,900
    1.15 Acres

    Residential Lot in Cloisters Subdivision

    Coved lot backing to nature trails and pond.

    Riversedge Cv, Arlington, TN 38002
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    Unrestricted Land Near Middleton, TN
    $264,000
    65.82 Acres

    Unrestricted Land Near Middleton, TN

    66.35 acres of unrestricted land ideal for homestead or development.

    6495 125, Middleton, TN 38052
    View details
    30-Acre Pastureland Dream Home Site
    $420,000
    30.00 Acres

    30-Acre Pastureland Dream Home Site

    30 acres of pastureland with utilities near Memphis.

    Mudville Rd, Atoka, TN 38004
    View details
    Residential Acre in Arlington, TN
    $154,900
    1.00 Acre

    Residential Acre in Arlington, TN

    A wooded acre suitable for residential construction in Arlington, TN.

    Chester St, Arlington, TN 38002
    View details
    5.29 Acres in Fayette County
    $159,000
    5.29 Acres

    5.29 Acres in Fayette County

    5.29-acre tract suitable for a future homesite with utilities available.

    Pleasant Grove Rd, Moscow, TN 38057
    View details
    Residential Land in Monterey Farms
    $179,999
    4.00 Acres

    Residential Land in Monterey Farms

    4 acre lot perfect for building a custom home.

    175 Monterey Farms Cv, Collierville, TN 38017
    View details
    Residential Land in Frayser
    $35,000
    4.00 Acres

    Residential Land in Frayser

    Four acres of raw land zoned for residential development.

    Allen Rd, Memphis, TN 38128
    View details
    Office and Medical Building
    Contact for pricing
    2,200 SF

    Office and Medical Building

    Office and medical building for lease in Memphis, Tennessee.

    5158 Stage Ave, Memphis, TN 38134
    View details
    Versatile Commercial Space in Memphis
    Contact for pricing
    6,092 SF

    Versatile Commercial Space in Memphis

    6092 Sq. Ft. space ideal for various business uses.

    3314 Millbranch Rd, Memphis, TN 38116
    View details
    Byhalia, MS Development Land
    $699,000
    9.00 Acres

    Byhalia, MS Development Land

    9+/- acre commercial land with highway frontage in Byhalia, MS.

    Goodman Rd, Byhalia, MS 38611
    View details
    Vacant Land For Commercial Development
    $179,900
    0.41 Acres

    Vacant Land For Commercial Development

    Vacant commercial land available in Memphis, Tennessee.

    32 Timber Creek Dr, Memphis, TN 38018
    View details
    261 Acres in Unicorp/Eads, TN
    $4,490,500
    261.29 Acres

    261 Acres in Unicorp/Eads, TN

    Versatile land with lake, development potential, and recreational opportunities.

    261 Ac. Macon, Eads, TN 38028
    View details
    Residential Land in Byhalia, MS
    $210,000
    4.91 Acres

    Residential Land in Byhalia, MS

    4.91 acre lot ready for your dream home.

    14491 Valley View Cv, Byhalia, MS 38611
    View details
    Lakeland, TN Retail Land
    $750,000
    0.92 Acres

    Lakeland, TN Retail Land

    Retail and convenience store lot near Canada Road Junction.

    Canada Rd, Lakeland, TN 38002
    View details
    Davies Plantation Acreage Opportunity
    $149,900
    1.59 Acres

    Davies Plantation Acreage Opportunity

    Over an acre of land to build your dream home.

    9390 Zachariah Cv, Bartlett, TN 38133
    View details
    Fayette County Land Tract
    $549,000
    45.60 Acres

    Fayette County Land Tract

    45.6 acres in Fayette County, near Collierville, TN.

    Highway 193, Collierville, TN 38017
    View details
    New Retail Spaces on Hwy 64
    Contact for pricing

    New Retail Spaces on Hwy 64

    New retail/office suites available in high-traffic Memphis location.

    9789 Us Highway 64, Memphis, TN 38002
    View details
    101 Acres in Fisherville, TN
    $1,767,500
    100.27 Acres

    101 Acres in Fisherville, TN

    101 acres with utilities, suitable for residential development.

    11764 Macon, Eads, TN 38028
    View details
    Unrestricted Land Near National Forest
    $114,000
    14.00 Acres

    Unrestricted Land Near National Forest

    14-acre unrestricted property with creek, near Collierville, TN.

    Old Highway 72, Ashland, MS 38603
    View details
    Oakland Commercial Land For Sale
    $493,000
    1.48 Acres

    Oakland Commercial Land For Sale

    1.48 acre vacant lot in the heart of Oakland.

    Mcauley, Oakland, TN 38060
    View details
    Land For Sale, Memphis, TN
    $80,000
    8.54 Acres

    Land For Sale, Memphis, TN

    8.54 acre land parcel available in Memphis, Tennessee.

    Coleman Ave, Memphis, TN 38128
    View details
    Arlington, TN Farmland Opportunity
    $1,695,000

    Arlington, TN Farmland Opportunity

    196 tillable acres near Arlington, TN with hunting potential.

    255 Cedar Grove Dr, Arlington, TN 38002
    View details

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    Crye-Leike
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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
    Crye-Leike
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