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    For Sale (32)

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    Residential Land in Memphis, TN
    Contact for pricing
    0.11 Acres

    Residential Land in Memphis, TN

    Residential land with utilities access in Memphis, Tennessee.

    1115 Walk Pl Dr, Memphis, TN 38106
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    Residential Land in Memphis, TN
    Contact for pricing
    0.11 Acres

    Residential Land in Memphis, TN

    Residential land available for building in Memphis, Tennessee.

    1103 Walk Pl Dr, Memphis, TN 38106
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    Residential Land in Memphis, TN
    Contact for pricing
    0.11 Acres

    Residential Land in Memphis, TN

    Residential land available with utilities in Memphis, Tennessee.

    1107 Walk Pl Dr, Memphis, TN 38106
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    Secluded Recreational Property with Ponds
    $1,400,000
    1,700 SF

    Secluded Recreational Property with Ponds

    165-acre recreational property featuring ponds, trails, and development potential.

    2360 Burnette Rd, Moscow, TN 38076
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    Residential Land in Drummonds, TN
    $80,000
    1.26 Acres

    Residential Land in Drummonds, TN

    1.26 acre lot in established Drummonds neighborhood.

    410 Brown Rd, Drummonds, TN 38023
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    Arlington Commercial Property For Sale
    $795,000
    7,000 SF

    Arlington Commercial Property For Sale

    Versatile property in high visibility area with redevelopment potential.

    12013 Us 70 Hwy, Arlington, TN 38002
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    Residential Land in Chickasaw Bluff
    $98,580
    1.59 Acres

    Residential Land in Chickasaw Bluff

    Two lots totaling 1.59 acres in Hernando, Mississippi.

    Sequoyah Dr, Hernando, MS 38632
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    Land Opportunity in Atoka, TN
    $215,000
    20.00 Acres

    Land Opportunity in Atoka, TN

    Prime land in a desirable location near schools and shopping.

    03 Atoka-Idaville Rd, Atoka, TN 38004
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    Land Opportunity in Atoka, TN
    $199,000
    22.00 Acres

    Land Opportunity in Atoka, TN

    Prime land in a desirable location with future growth potential.

    05 Atoka-Idaville Rd, Atoka, TN 38004
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    Commercial Lot in Growing Community
    $750,000
    1.52 Acres

    Commercial Lot in Growing Community

    1.52 acre commercial lot in rapidly growing Eads, TN.

    1.52 Acres Hwy 64, Eads, TN 38028
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    25 Acres Near Oakland
    $369,900
    25.60 Acres

    25 Acres Near Oakland

    25+ acre property ideal for horse estate or retreat.

    25 Acres Dogwood Rd, Somerville, TN 38068
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    Williston, TN Land For Sale
    $159,900
    13.00 Acres

    Williston, TN Land For Sale

    13+/- acres of rolling terrain in Fayette County, Tennessee.

    13 Acres Burnette Rd, Williston, TN 38076
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    Atoka Land Development Opportunity
    $199,000
    10.00 Acres

    Atoka Land Development Opportunity

    Prime land in Atoka development area, exceptional investment opportunity.

    01 Atoka-Idaville Rd, Atoka, TN 38004
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    Land Opportunity in Atoka, TN
    $199,000
    10.00 Acres

    Land Opportunity in Atoka, TN

    Prime land in a desirable location near schools and shopping.

    02 Atoka-Idaville Rd, Atoka, TN 38004
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    Land Opportunity in Atoka, TN
    $215,000
    20.00 Acres

    Land Opportunity in Atoka, TN

    Prime land in Atoka development area, exceptional investment opportunity.

    04 Atoka-Idaville Rd, Atoka, TN 38004
    View details
    Commercial Land Near Ford Plant
    $875,000
    1.24 Acres

    Commercial Land Near Ford Plant

    1.24 acres of commercial land in Stanton, Tennessee.

    222 Hwy, Stanton, TN 38069
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    Undeveloped Land in Piperton, TN
    $398,445
    5.05 Acres

    Undeveloped Land in Piperton, TN

    5.05-acre undeveloped tract near Collierville and I-269.

    Raleigh-Lagrange Rd, Piperton, TN 38066
    View details
    Somerville Land Parcel For Sale
    $180,000
    7.00 Acres

    Somerville Land Parcel For Sale

    7+/- acres of land in a serene Somerville setting.

    7 Acres Us 64 Hwy, Somerville, TN 38068
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    Commercial Property with Apartment, Memphis
    $234,600

    Commercial Property with Apartment, Memphis

    Commercial offices with attached apartment and basement storage.

    3682 Millbranch Rd SE, Memphis, TN 38116
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    Residential Land in Lakeland, TN
    $695,000
    24.77 Acres

    Residential Land in Lakeland, TN

    Treed acreage ideal for custom home or subdivision.

    9275 Memphis-Arlington Rd Lot Pt E, Lakeland, TN 38002
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    Land in Belmont Estates Subdivision
    $95,000
    5.70 Acres

    Land in Belmont Estates Subdivision

    5.7+ acre residential land in a peaceful rural setting.

    Sinai Dr, Mason, TN 38049
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    Residential Land in Memphis, TN
    Contact for pricing
    0.11 Acres

    Residential Land in Memphis, TN

    Residential land for sale in Memphis, Tennessee.

    1618 Davis St, Memphis, TN 38108
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    Residential Land in Memphis, TN
    $45,000
    0.04 Acres

    Residential Land in Memphis, TN

    Residential land available in Memphis, Tennessee.

    387 Leath St, Memphis, TN 38105
    View details
    Picturesque Land in East Haven Estates
    $145,000
    5.02 Acres

    Picturesque Land in East Haven Estates

    5.02 acre lot with sunset views near Somerville.

    1 Karcher Rd, Somerville, TN 38068
    View details
    Recreational Land in Fayette County
    $335,000
    34.44 Acres

    Recreational Land in Fayette County

    34+ acre recreational or homesite property in Fayette County.

    Old Brownsville Rd, Somerville, TN 38068
    View details
    Land in Belmont Estates Subdivision
    $95,000
    5.85 Acres

    Land in Belmont Estates Subdivision

    5.85+ acre residential land in a peaceful rural setting.

    Sinai Dr, Mason, TN 38049
    View details
    78.5 Acres Development Land
    $3,890,000
    78.50 Acres

    78.5 Acres Development Land

    78.5 acres of land for development near Ford plant.

    5500 Charleston Mason Rd, Mason, TN 38049
    View details
    Residential Land in Memphis, TN
    Contact for pricing
    0.11 Acres

    Residential Land in Memphis, TN

    Residential land available in Memphis, Tennessee, with utilities access.

    1119 Walk Pl Dr, Memphis, TN 38106
    View details
    Residential Land in Memphis, TN
    $39,900
    0.13 Acres

    Residential Land in Memphis, TN

    Residential land available in Memphis, Tennessee.

    1442 N Hollywood St, Memphis, TN 38108
    View details
    Residential Land in Memphis, TN
    $39,900
    0.13 Acres

    Residential Land in Memphis, TN

    Residential land available in Memphis, Tennessee.

    N Hollywood St, Memphis, TN 38108
    View details
    Land For Sale Memphis
    Contact for pricing

    Land For Sale Memphis

    Land available for sale in Memphis, Tennessee.

    387 Leath St, Memphis, TN 38105
    View details
    Prime Land in Fayette County
    Contact for pricing

    Prime Land in Fayette County

    Acreage in West Central Fayette County with building potential.

    00 Feathers Chapel Dr, Somerville, TN 38068
    View details

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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.

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