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    879 Willow Tree Cir Memphis, TN 38018

    For Sale
    $549,000

    Fully occupied, high-return office building

    Property size:
    5,432 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional investment opportunity presents a fully occupied, single-story, 5,432 square foot office building in Cordova, Tennessee. Built in 2007, this Class B property boasts 100% occupancy, generating a strong net operating income (NOI) of $50,616, representing a 9.22% cap rate. The asking price is $549,000, translating to $101.07 per square foot. Situated on a 0.68-acre lot, the all-brick building features a desirable location near Germantown, offering a tranquil lakeside setting. The property's strong tenant mix, comprised of a diverse range of businesses, ensures a consistent and reliable income stream, minimizing investment risk. The meticulously maintained building represents a durable and attractive asset with lasting value. Its prime location within a thriving business community makes it an ideal investment for those seeking a secure and profitable return. The property is zoned for office use and includes one building with one unit. This stabilized investment opportunity offers a compelling combination of strong financial performance and a desirable location, making it an attractive proposition for discerning investors.

    Property Features for 879 Willow Tree Cir

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    5,432 SF
    Class
    B
    Lot Size
    29,621 SF

    Building Details

    Year Built
    2007
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $549,000 asking price for a stabilized Class B office building.
    • 5,432 square feet, 100% occupancy, generating a $50,616 NOI and a 9.22% cap rate.
    • Located in Cordova, TN, near Germantown, offering a serene lakeside setting.
    • All‑brick construction, meticulously maintained.
    • Strong tenant mix providing consistent cash flow in a thriving business community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Memphis-Area Home Educ ... School Unique Bodies LLC Skin Care Clinic SIGNET ULTRASOUND,LLC Medical Center 901 Logistics & Permits Freight Forwarding Service Autism Resources of the Mid-South Non-Profit Organization

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.793574915317
    Latitude
    35.149190778569

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    FAQs

    What type of property is this?
    Office Property / Space - Fully occupied, high-return office building
    Where is this office property / space located?
    The property is located at 879 Willow Tree Cir Memphis, TN.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: $549,000 asking price for a stabilized Class B office building.; 5,432 square feet, 100% occupancy, generating a $50,616 NOI and a 9.22% cap rate.; Located in Cordova, TN, near Germantown, offering a serene lakeside setting.
    Request Owner's contact information
    879 Willow Tree Cir Memphis, TN 38018
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    Memphis, TN 38018
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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
    879 Willow Tree Cir Memphis, TN 38018
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