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    Carson Claybrook, Memphis, TN

    License ID: 314998
    Commercial Advisors Llc
    Association
    Memphis Area Association Of Realtors Inc

    Service Locations

    Contact details

    Phone:
    (901) 252-6483
    Office Address:
    5101 Wheelis Dr Ste 300, Memphis, TN, 38117

    Performance

    Listings
    32

    Listings

    For Sale (22)

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    • Contact for pricing

      Highway 51 Frontage Land

      Commercial land with highway frontage near I-385 and baseball stadium.
      Us Highway 51 N, Millington, TN 38053
      View Details
    • Contact for pricing
      16,706 SF

      Former Grocery Store For Sale

      16,706 SF former grocery store on 2.5 acres.
      2877 Lamar Ave, Memphis, TN 38114
      View Details
    • Contact for pricing

      Commercial Land For Sale

      Commercial land available for self-storage development.
      Summer Ave, Memphis, TN 38112
      View Details
    • Contact for pricing

      Land Available in Medical District

      Land available in the East Submarket with access to Le Bonheur Campus.
      784 Poplar Ave, Memphis, TN 38105
      View Details
    • Contact for pricing

      Land Available in Medical District

      Land available in the East Submarket with access to Le Bonheur Campus.
      794 Poplar Ave, Memphis, TN 38105
      View Details
    • $1,200,000
      1,802 SF

      Retail Space in Bartlett, TN

      Retail space available for lease in Bartlett, Tennessee.
      7610 Us Highway 70, Bartlett, TN 38133
      View Details
    • Contact for pricing

      Retail Development Land Available

      Outparcels available at the Lake District near I-40.
      9840 Lk District Pd Dr, Lakeland, TN
      View Details
    • Contact for pricing

      I-40 Retail Development Land

      Outparcels available at the Lake District with excellent visibility.
      3423 Lk District Dr W, Lakeland, TN
      View Details
    • Contact for pricing

      I-40 Retail Development Land

      Outparcels available at the Lake District with excellent visibility.
      3536 Canada Rd, Arlington, TN 38002
      View Details
    • Contact for pricing
      7,570 SF

      Restaurant For Sale

      7,570 SF fully equipped restaurant on 1.02 acres.
      5000 Poplar Ave, Memphis, TN 38105
      View Details
    • Contact for pricing

      Retail Development Land Available

      Outparcels available at the Lake District near I-40.
      3475 Lk District Dr W, Lakeland, TN
      View Details
    • Contact for pricing

      Retail Development Land Available

      Outparcels available for retail development near I-40 and Canada Rd.
      9890 Lk District Pd Dr, Lakeland, TN
      View Details
    • Contact for pricing

      I-40 Retail Development Land

      Outparcels available at the Lake District with excellent visibility.
      9820 Lk District Pd Dr, Lakeland, TN
      View Details
    • Contact for pricing

      Retail Development Land I-40 Frontage

      Outparcels available for retail development with I-40 visibility.
      3469 Lk District Dr W, Lakeland, TN
      View Details
    • Contact for pricing

      Land at I-40 and Canada Rd

      Outparcels available for retail development with high visibility.
      9910 Lk District Pd Dr, Lakeland, TN
      View Details
    • $315,000

      Commercial Land at Highway 51

      Corner lot with commercial zoning and high traffic volume.
      54 Joe Joyner Rd, Munford, TN 38058
      View Details
    • $350,000

      Corner Lot with Existing Structures

      0.4 acre corner lot with existing rental income.
      549 Parkway S, Memphis, TN 38105
      View Details
    • Contact for pricing

      Prime Commercial Land Opportunity

      7.31 acres of commercial land with highway frontage.
      Us Highway 51, Millington, TN 38053
      View Details
    • Contact for pricing

      Retail Property with Long-Term Tenants

      Retail property with two long-term tenants in Millington, Tennessee.
      4758 Navy Rd, Millington, TN 38053
      View Details
    • Contact for pricing

      Prime Commercial Land Opportunity

      3.216 acres of commercial land on US Highway 51.
      N Us Highway 51, Millington, TN 38053
      View Details
    • Contact for pricing
      16,706 SF

      Corner Lot on Lamar Avenue

      Commercial land available on a corner lot near I-240.
      2877 Lamar Ave, Memphis, TN 38114
      View Details
    • Contact for pricing

      Land Zoned R-10 For Sale

      Land with R-10 zoning, formerly approved for self-storage.
      3781 Austin Peay Hwy, Memphis, TN 38128
      View Details

    For Lease (10)

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    • Contact for pricing
      2,143 SF

      Retail Space For Lease

      Retail spaces available in Lakeland, TN, near I-40.
      9861 Lk District Dr N, Lakeland, TN
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space in Millington Center

      Retail space available in a 143,489 SF shopping center.
      8219 Us Highway 51 N, Millington, TN 38053
      View Details
    • Contact for pricing
      2,700 SF

      Crosstown Retail Opportunity

      Retail space with 15’ ceilings available for lease.
      408-430 N Cleveland St, Memphis, TN 38104
      View Details
    • Contact for pricing
      35,146 SF

      Retail Space Near Interstate 40

      Retail spaces available near I-40 and Canada Rd.
      9845 Lk District Dr, Lakeland, TN
      View Details
    • Contact for pricing
      1,500 SF

      Retail/Office Space on Summer Avenue

      Retail and small office spaces available at high-traffic intersection.
      4000 Summer Ave, Memphis, TN 38122
      View Details
    • Contact for pricing
      1,500 SF

      Restaurant/Retail Space Near Germantown Parkway

      Former restaurant space available for lease near Germantown Parkway.
      8095 Macon Rd, Cordova, TN 38018
      View Details
    • Contact for pricing

      Land Available in Medical District

      Land available in the East Submarket with access to Le Bonheur Campus.
      806 Poplar Ave, Memphis, TN 38105
      View Details
    • Contact for pricing

      Poplar Avenue Ground Lease Opportunity

      0.886 acres of commercial land available for ground lease.
      2486 Poplar Ave, Memphis, TN 38112
      View Details
    • Contact for pricing
      1,573 SF

      Retail Space with Drive-Through

      Retail space with drive-through in Lakeland, Tennessee.
      9833 Highway 70, Lakeland, TN 38002
      View Details
    • Contact for pricing

      Retail Suites in Southaven

      Retail suites available with ample parking and high traffic.
      7075 Malco Blvd, Southaven, MS 38671
      View Details

    Leases and Sales on Map

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    Carson Claybrook, Memphis, TN
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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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    Carson Claybrook, Memphis, TN
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