Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6605 Stage Rd Bartlett, TN 38134

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Investment opportunity in Bartlett, TN, suitable for owner-user.

    Type:Office
    Property size:
    11,300 SF
    Added:
    Aug 24, 2022
    Days on Market:
    1327
    Last Refresh:
    Mar 17 at 1:23 pm

    Property Features for 6605 Stage Rd

    General Information

    Standard status
    Active
    Size
    11,300 SF
    Property subtype
    Office

    We can help!

    Listing Contact
    Melanie Myers Bland

    Listing agent Melanie Myers Bland License #TN 288335

    Listing office Myers Commercial Real Estate

    Listing date Aug 24, 2022

    Source Crexi

    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 Myers Commercial Real Estate

    Overview

    Medical/General Office Building For Sale

    This medical/general office building, situated on a busy corner in Bartlett, TN, is available for sale. The property, with a total size of 11300 square feet, is currently 50% occupied. The property is suitable for an owner-user.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bentons Carpet Installers General Contractor Kimberly Byrd Physician Figueredo Ivan MD Physician Dr. Michael Holliman Alternative Medicine Practice

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    • Affordable Vaccinations — 6015 stage rd, bartlett, tn 38134
    • Family Veterinary Practice — 5712 Stage Rd, Bartlett, TN 38134
    • Family Veterinary Practice: Lebel C DVM — 5712 Stage Rd, Bartlett, TN 38134
    • Gentle Care Animal Hospital — 6016 Stage Rd, Bartlett, TN 38134
    • Bondurant T E DVM — 5712 Stage Rd, Bartlett, TN 38134, United States

    Location Insight

    • Map
    • Local Demand
    City
    Bartlett
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8434587
    Latitude
    35.2042902

    Nearby Similar for Sale

    • $1,500,000

      Established Childcare Center in Bartlett

      Operating childcare center in Bartlett, TN, with growth potential.
      8045 BROTHER, Bartlett, TN 38133
      View Details
    • $350,000
      3,262 SF

      Office Space in Old Bartlett

      3,262 SF office space for sale in Bartlett.
      2857 Shelby St, Bartlett, TN 38134
      View Details
    • $544,900

      Commercial Building in Bartlett, TN

      Well-maintained commercial building with ample parking in Bartlett, Tennessee.
      2808 STAGE CENTER, Bartlett, TN 38134
      View Details
    • $575,000

      Commercial Property on Summer Oaks

      Commercial property for sale, located on Summer Oaks.
      2820 Summer Oaks Dr, 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
    • Contact for pricing
      6,218 SF

      Retail Flex Building in Bartlett

      6,218 SF retail flex building in historic district.
      5847 Stage Road, Bartlett, TN 38134
      View Details
    • Contact for pricing
      48,200 SF

      Bartlett Retail Center For Sale

      Neighborhood retail center in Bartlett, Tennessee, with upside potential.
      7124 - 7174 Stage Road, Bartlett, TN 38133
      View Details
    • Contact for pricing
      17,600 SF

      Bartlett Retail Center For Sale

      17,600 SF neighborhood center with 2,400 SF restaurant space.
      6490 Memphis Arlington Road, Bartlett, TN 38135
      View Details
    • Contact for pricing
      48,200 SF

      Bartlett Retail Center on Stage

      48,200 SF neighborhood center with multiple suites available.
      7124 - 7174 Stage Road, Bartlett, TN 38133
      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
    • Contact for pricing
      3,540 SF

      Retail Out-Parcel in Bartlett, TN

      3,540 SF retail space in Kroger anchored center.
      3020 Kirby Whitten Road, 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
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Investment opportunity in Bartlett, TN, suitable for owner-user.
    Where is this medical office space located?
    The property is located at 6605 Stage Rd Bartlett, TN.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: 50% Occupancy: Provides immediate income stream; Medical/General Office Building: Suitable for various business types; Busy Corner Location: High visibility and accessibility
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Melanie Myers Bland
    Real Estate License ID: TN 288335
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!