Warehouse
645 CHANEY DR, Collierville, TN 38017
For Sale
Contact for pricing
The industrial facility offers a compact footprint for warehouse use.
Property Size4,440 SF
Price / SF$148.65
Days on Market41
Property Features for 645 CHANEY DR
General Information
Standard status
Size
Property subtype
Listing Agency:
John Green & Company
Listed By:
Jim Gannaway · License #TN 295567
(901) 853-0763
Source:
Crexi
Added: Sep 30
Changed: Nov 8
Last Checked: Nov 8 at 6:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of John Green & Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The warehouse contains 4,440 square feet of industrial space. The property is located at 645 Chaney Dr in Collierville, Tennessee.
Key Highlights
- 4,440 SF of warehouse space
- Located at 645 Chaney Dr in Collierville, TN
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,054
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$681,080
$681.1K
Cap Rate 7%
$486,486
$486.5K
Cap Rate 9%
$378,378
$378.4K
Market Conditions
NOI Build-Up for 4,440 SF
Gross rent
$43.7K $9.84/SF
− Vacancy
−$3.6K −$0.82/SF
EGI
$40.1K $9.02/SF
− OpEx
−$6.0K −$1.35/SF
NOI
$34.1K $7.67/SF
Area
Shelby County, TN
Vacancy
8.30%
Lease Rate
$9.84 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$681,080
Cap Rate 7%
$486,486
Cap Rate 9%
$378,378
Alternative Uses
Best Use
Warehouse
$486.5K
$425.7K – $567.6K
NOI $34,054 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$898.8K
$786.4K – $1.05M
NOI $62,913 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 38017, TN
55,114
Population
20,850
Households
2.6
Avg Household Size
41
Median Age
60%
College-Educated
96%
High-School Grad
82.0 sq mi
ZIP Area
672
Density / Sq Mi
$135,946
Median Household Income
$70,857
Median Earnings
$1,489
Median Rent
$469,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Warehouses in Shelby County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- ClearHome Self Storage — 731 chaney dr, collierville, tn 38017
- Record Nations — 731 Chaney Dr, Collierville, TN 38017
- Chaney Drive Storage — 759 Chaney Dr, Collierville, TN 38017
- Record Nations — 370 Sycamore Rd, Collierville, TN 38017
- Climate Controlled Storage — collierville, tn 38017
Frequently Asked Questions
What type of property is this?
Warehouse - The industrial facility offers a compact footprint for warehouse use.
Where is this warehouse located?
The property is located at 645 CHANEY DR Collierville, TN.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: 4,440 SF of warehouse space; Located at 645 Chaney Dr in Collierville, TN
