Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    Commander Dr Arlington, TN 38002

    • Land
    • 8.66 lot acres
    For Sale
    View listing
    $650,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Commander Dr

    Lot size
    8.66 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 8.66-acre lot presents a remarkable investment opportunity within Arlington's sought-after Industrial Park. Located at 0 Commander Dr, Arlington, TN 38002, this property boasts an M-1 zoning designation by Shelby County, providing flexibility for a wide range of industrial development projects. The expansive acreage offers significant potential for building new facilities or expanding existing operations. Situated in a thriving industrial area, this land benefits from excellent access to transportation networks, making it an ideal location for businesses requiring efficient logistics. The asking price for this highly desirable property is $650,000. Given its size, zoning, and location within a well-established industrial park, this parcel represents a compelling opportunity for investors and developers seeking a strategic foothold in the Arlington, Tennessee market. The property's address is easily accessible and conveniently located within the industrial park, offering immediate proximity to essential infrastructure and services. This is a rare chance to acquire a substantial land parcel in a prime industrial location. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.6748
    Latitude
    35.2818

    Comparable in this City

    • Value Estimation by Request

      11900 Mott St

      Distribution properties
      11900 Mott St, Arlington, TN 38002
      View Details
    • Value Estimation by Request
      0.80 Acres

      12036 Arlington Trl

      Land • 0.80 Acres
      12036 Arlington Trl, Arlington, TN 38002
      View Details
    • Value Estimation by Request
      0.95 Acres

      11850 Us-70

      Life science properties • 2,000 SF
      11850 Us-70, Arlington, TN 38002
      View Details
    • Value Estimation by Request
      1.28 Acres

      Canada Rd

      Lifestyle centers • 1.28 Acres
      0 Canada Rd, Lakeland, TN 38002
      View Details
    • Value Estimation by Request
      25.50 Acres

      Long Rd

      Farms • 25.50 Acres
      0 Long Rd, Arlington, TN 38002
      View Details
    • Value Estimation by Request
      117.64 Acres

      5221 Chester St

      Land • 117.64 Acres
      5221 Chester St, Arlington, TN 38002
      View Details

    Similar Nearby for Sale

    • $600,000
      0.80 Acres

      I-40 Arlington Outparcels: Prime Location

      0.8-acre commercial land, ideal for development.
      12036 Arlington Trl, Arlington, TN 38002
      View Details
    • $650,000
      8.66 Acres

      Arlington Industrial Land - 8.66 Acres

      Prime Arlington Industrial Lot
      0 Commander Dr, Arlington, TN 38002
      View Details
    • $499,000

      Arlington Warehouse - $499K

      Renovated Warehouse, Handicap Accessible
      11900 Mott St, Arlington, TN 38002
      View Details
    • $155,200
      0.95 Acres

      Arlington Commercial Land - Hwy 70

      Prime 0.95-acre commercial lot, Hwy 70 access.
      11850 Us-70, Arlington, TN 38002
      View Details
    • Contact for pricing
      1.00 Acre

      Arlington Retail Land - Hwy 70

      Prime Retail Land, 1-25 Acres, High Traffic
      0 Us Hwy 70 & Airline Rd, Arlington, TN 38002
      View Details
    • $10,340,000
      27.35 Acres

      Arlington Mixed-Use Tract

      Prime 27-acre development opportunity near Ford plant.
      0 Milton Wilson Blvd, Fisherville, TN 38002
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      510,720 SF

      Memphis Logistics Park Opportunity

      Six-building logistics park with I-40 access and tax incentives.
      127 Hickory Withe Rd, Arlington, TN 38002
      View Details
    • Contact for pricing

      Land Available For Mixed-Use Development

      Land available for mixed-use development with medical parcels.
      9640 Davies Plantation Rd, Lakeland, TN 38002
      View Details
    • Contact for pricing

      Lakeland Commercial Land For Lease

      2.5 AC commercial land with development potential in Lakeland, TN.
      Canada Rd, Lakeland, TN 38002
      View Details
    • Contact for pricing

      Retail Building Near Arlington High

      Multi-tenant retail building near school and future Kroger.
      11830 Milton Wilson Dr, Arlington, TN 38002
      View Details
    • Contact for pricing
      3,600 SF

      Arlington Retail Space Available

      Retail space available for lease in Arlington, Tennessee.
      5062 Milton Wilson Blvd, Arlington, TN 38002
      View Details
    • Contact for pricing
      22,885 SF

      The Falls Shopping Center: Arlington, TN

      Prime Retail Space Available: Arlington, TN
      5291-5287 Airline Rd, Arlington, TN 38002
      View Details
    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.
    Commander Dr
    Arlington, TN 38002
    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.
    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.