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    1695 Bonnie Ln Cordova, TN 38016

    For Sale
    $795,000

    Stand-alone, renovated office building with ample parking in Memphis.

    Property size:
    5,129 SF

    Property Features for 1695 Bonnie Ln

    General Information

    Size
    5,129 SF

    Building Details

    Year built
    2001

    Source: Ginny Dunn Agent Ginny Dunn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Turn-Key Office Building

    This turn-key ready, stand-alone office building, renovated in 2022, offers over 5100 square feet of space and ample drive-up parking. Situated in a high-traffic commercial hub, the well-maintained, modern office complex is near a wide array of retail and dining options and has easy access to I-40, Memphis, Germantown, and Bartlett markets. Signage is available. The property is located within the dynamic Memphis Metro market, offering a blend of commercial and cultural experiences. The area provides proximity to attractions such as the FedExForum, Sun Studio, and the Memphis Zoo. With a mix of dining, retail, and entertainment options, the location is suitable for office and office building investors looking to capitalize on the local economy. A bus line is nearby. The property is suitable for office or medical office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cordova
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.791143
    Latitude
    35.171491

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    FAQs

    What type of property is this?
    Office building - Stand-alone, renovated office building with ample parking in Memphis.
    Where is this office building located?
    The property is located at 1695 Bonnie Ln Cordova, TN.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - Turn-key ready, stand-alone, newly renovated office space (renovated in 2022).; - Ample drive-up parking.; - Located in a high-traffic commercial hub with easy access to I-40, Memphis, Germantown, and Bartlett markets.
    (901) 428-4873
    Request Owner's contact information
    1695 Bonnie Ln Cordova, TN 38016
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    Cordova, TN 38016
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    Realmo Value Estimation

    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.

    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.

    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
    1695 Bonnie Ln Cordova, TN 38016
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