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Financial
Distress signals
Property profile

1695 Bonnie Ln Memphis, TN 38016

FOR SALE
Office buildings
Property ID
US80-0998662
5,129 SF 0.51 ac lot Built 2001
Last sale Oct 2023 · $1,500,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 5,129 square foot commercial property, located at 1695 Bonnie Ln in Memphis, Tennessee, presents a unique investment opportunity. The single-story, Class B building, constructed in 2001 and extensively renovated in 2021, sits on a 0.511-acre lot (APN: 096500 00645) and is zoned for commercial use. The property boasts ample drive-up parking, making it highly accessible for clients and employees. Its versatile design caters to various uses, including medical office,…

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?
$9k
Tax billed · 2022
Assessed value · 2023$153k
Assessed land$49k
Assessed improvement$104k
Effective rate6.09%

Value estimate

· Oct 2026
$1.45M
$1.30M – $1.59M
AI approach$1.42M
NOI build-up
Gross scheduled income$135k
Vacancy & credit loss−$12k
Operating expenses−$50k
NOI · 9.35% cap applied$74k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$114/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$73 – $190
Qualifying comparables7

Cap rate analysis

How does the asset earn?
9.35%
$74k 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?
RU-3
Residential development in the RU-3 District allows a variety of housing types including single-family detached (conventional, side yard ...
General categoryRESIDENTIAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.9
Law Firm20.3
Building Supply13.6

Location

1695 Bonnie Ln Memphis, TN 38016
County assessor Recorded deeds · 7 transfers 7 qualifying comp sales 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8295 Cordova, Cordova, TN 38016-2049 $1,955,000 Sep 2024 4,950 SF
1180 Vickery, Cordova, TN 38016-0629 $465,000 Oct 2022 5,624 SF
8134 Country Vlg, Cordova, TN 38016-3013 $685,000 Sep 2022 5,907 SF
1326 Hardwood, Cordova, TN 38016-0528 $260,000 Dec 2021 5,000 SF
1176 Vickery, Cordova, TN 38016-0630 $375,000 Sep 2021 5,624 SF
1316 Hardwood, Cordova, TN 38016-8513 $478,000 Apr 2021 5,638 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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