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    7980 Clb Dr Atlanta, TN 38016

    Sponsored
    For Sale
    $318,000

    Memphis, TN - $318,000 - 3,377 SF

    Property size:
    3,377 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3,377-square-foot property, located at 7980 Club Drive in Memphis, Tennessee, presents a unique investment opportunity. Situated on a two-acre lot in the heart of Cordova, this former car wash boasts convenient access and proximity to additional land should expansion be desired. Built in 1994, the single-story building is zoned for car wash use (CAR WASH MNL) and offers immediate availability, with an occupancy date of May 22, 2023. The asking price is $318,000, translating to $94.17 per square foot. The property is being sold "as is," with no warranties. While most recently used for plumbing operations and supply, the site is well-suited for redevelopment or refurbishment as a car wash. Note that the sale does not include the adjacent cell tower. This property offers a quick sale opportunity for an astute investor seeking a prime location in a thriving area. The property's size and zoning provide significant flexibility for a variety of potential uses. Its strategic location in Cordova ensures high visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. The availability of adjacent land offers potential for future expansion or development.

    Property Features for 7980 Clb Dr

    General Information

    Property type
    Automotive properties
    Square Feet
    3,377 SF
    Lot Size
    87,120 SF

    Building Details

    Year Built
    1994
    Buildings
    1
    Stories
    1

    HighLights

    • Motivated Seller, Seeking Quick Close
    • Prime Cordova Location
    • Excellent Access to Major Thoroughfares
    • Expansion Potential with Adjacent Land Availability
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Atlanta
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.79645905449
    Latitude
    35.162998450615

    Nearby Comparable

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      Cordova Development Opportunity

      Development opportunity in Cordova, TN with flexible zoning.
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      10.10 Acres

      Cordova Station: 10 Acres Commercial Land

      Prime Memphis commercial land, ideal for mixed-use development.
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      Cordova Office Building For Sale

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      24 SF

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    FAQs

    What type of property is this?
    Automotive property - Memphis, TN - $318,000 - 3,377 SF
    Where is this automotive property located?
    The property is located at 7980 Clb Dr Atlanta, TN.
    What is the asking price?
    The asking price for this property is $318,000.
    What are key features of this property?
    This property features: Motivated Seller, Seeking Quick Close; Prime Cordova Location; Excellent Access to Major Thoroughfares
    Request Owner's contact information
    7980 Clb Dr Atlanta, TN 38016
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    Atlanta, 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
    7980 Clb Dr Atlanta, TN 38016
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