Property profile

8700 Trail Lake Dr Memphis, TN 38125

FOR LEASE
Office buildings
Saved · see the list in your Dashboard
Property ID
US80-1589607
60,006 SF 3.94 ac Built 2002
Last sale Dec 2025·$6,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This office suite is located in a suburban office setting at 8700 Trail Lake Dr in Memphis and is configured to support ongoing business operations, including a 1,000 kW generator for power backup and a lake view. The suite provides convenient access to nearby amenities and is positioned with practical connectivity to Bill Morris Parkway 385 (about 5 minutes) and I-240 (about 10 minutes). The surrounding area includes major regional employers and destinations such as the FedEx World…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$145k
Tax billed · 2022
Assessed value · 2023$2.39M
Assessed land$686k
Assessed improvement$1.70M
Effective rate6.09%

Value estimate

· Nov 2026
$4.82M
$4.33M – $5.30M
Submarket $/SF estimate$2.94M
NOI build-up
Gross scheduled income$102k
Vacancy & credit loss−$16k
Operating expenses−$21k
NOI$64k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$119/SF
Submarket average, outlier-cleaned · 520 recorded sales of this use type
Observed band · Q1–Q3$63 – $194

Cap rate analysis

How does the asset earn?
$64k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CA
The CA District is intended to conserve agricultural land and undeveloped natural amenities while preventing the encroachment of incompat...
General categoryAGRICULTURAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant14.3
Auto Repair Shop12.9
Spa & Massage12.2

Location

8700 Trail Lake Dr Memphis, TN 38125
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3495 Hacks Cross, Memphis, TN 38125-8803 $27,900,000 Jul 2025 113,990 SF
3251 Players Clb, Memphis, TN 38125-8845 $3,000,000 Apr 2024 61,267 SF
3860 Frst Hl Irene, Memphis, TN 38125-2586 $11,100,000 Apr 2024 75,171 SF
3180 Players, Memphis, TN 38125-8883 $6,914,634 Dec 2021 35,018 SF
8150 Sedgwick, Memphis, TN 38125-1058 $3,750,000 Oct 2021 61,418 SF
3742 Tyndale, Memphis, TN 38125-8521 $12,500,000 May 2019 76,328 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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