Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2974 Kate Hyde Blvd Bartlett, TN

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $650,000

    1.746 acre parcel in premier shopping area.

    Lot size:
    1.75 Acres

    Property Features for 2974 Kate Hyde Blvd

    General Information

    Lot size
    1.75 Acres

    We can help!

    Listing Contact
    Jon Isbell
    Jon Isbell
    Source: Moodyscre

    Listing Agent: Jon Isbell

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

    Learn more

    Overview

    Prime Wolfchase Trade Area Land

    This 1.746-acre parcel is located in the Wolfchase trade area, a prominent shopping destination within the Memphis metropolitan statistical area. The property is situated across from the Wolfchase Galleria mall. Traffic counts in the area are significant, with US-64 recording an annual average daily traffic (AADT) count of 36,620 and Germantown Parkway registering 73,408.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Bartlett
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9377309
    Latitude
    35.0035156

    Nearby Similar for Sale

    • $539,000

      Bartlett Office Building For Sale

      Well-maintained office building in a central Bartlett location.
      2808 Stage Center Cv, Bartlett, TN 38134
      View Details
    • Contact for pricing
      10,000 SF

      Bartlett Office Building For Sale

      Single-story office building with expansion potential in Northeast Memphis.
      8363 Wolf Lake Dr, Bartlett, TN 38133
      View Details
    • Contact for pricing
      3,543 SF

      Restaurant Endcap in Kroger Center

      Restaurant endcap available in Kroger anchored shopping center.
      2942-2990 Kirby Whitten Rd, Bartlett, TN 38134
      View Details
    • $365,000
      3,262 SF

      Office Space in Old Bartlett

      3,262 SF office space for sale in Old Bartlett.
      2857 Shelby St, Bartlett, TN 38134
      View Details
    • $575,000
      3,672 SF

      Office Building For Sale

      Office property featuring 3,672 square feet of space.
      2820 Summer Oaks Dr, Bartlett, TN 38134
      View Details
    • $790,000
      6,493 SF

      Retail Property on Summer Avenue

      6,493 SF retail property available for sale.
      6349 Summer Ave, Bartlett, TN 38134
      View Details
    • Contact for pricing

      Bartlett Office Suites For Rent

      Affordable Bartlett office space, multiple suites.
      2810 Summer Oaks Dr, Bartlett, TN 38134
      View Details
    • Contact for pricing
      6,218 SF

      Bartlett Flex Space: Stage Road

      6,218 SF Flex Building, Prime Location
      5847 Stage Rd, Bartlett, TN 38134
      View Details
    • $1,725,000
      5,513 SF

      Prime Bartlett Retail Opportunity

      High-Visibility, Kroger Outparcel, $1.725M
      2936 Kirby Whitten Rd, Bartlett, TN 38134
      View Details
    • Contact for pricing
      1.00 Acre

      Bartlett Retail Investment Opportunity

      Prime Bartlett location, mixed-use development.
      6896 Us Highway 70, Bartlett, TN 38135
      View Details
    • $3,600,000
      36,550 SF

      Bartlett Medical Office Building

      36,550 SF Medical Office, $3.6M
      6570 Stage Rd, Bartlett, TN 38134
      View Details
    • $1,750,000
      11,300 SF

      Bartlett Office Building - Investment Opportunity

      11,300 SF Office Building, 5-Year Lease, High Traffic Area
      6605 Stage Rd, Bartlett, TN 38134
      View Details

    FAQs

    What type of property is this?
    Land - 1.746 acre parcel in premier shopping area.
    Where is this land located?
    The property is located at 2974 Kate Hyde Blvd Bartlett, TN.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Located in the premier Wolfchase trade area of Memphis MSA.; - High traffic counts: 73,408 AADT on Germantown Pkwy.; - High traffic counts: 36,620 AADT on US-64.
    (703) 893-5141
    Request Owner's contact information
    2974 Kate Hyde Blvd Bartlett, TN
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2974 Kate Hyde Blvd
    Bartlett, TN
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2974 Kate Hyde Blvd Bartlett, TN
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jon Isbell
    Jon Isbell
    (703) 893-5141
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.