Add Listing
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

    10290 Collierville Rd Collierville, TN 38017-3322

    • Hotels
    • 82,398 SF
    • 2.63 lot acres
    OFF-MARKET
    Value Estimations
    $5,005,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-2954199
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Fairfield Inn & Suites Memphis Collierville / Hotel & Motel

    Property Details for 10290 Collierville Rd

    Year built
    2020
    Lot size
    2.63 lot acres
    Property size
    82,398 SF
    Zone code
    SCC
    Property type
    Hotels
    APN
    C02-57 - - -00518
    APU
    C025700518

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $6,420,000
      6.5%
      $5,925,000
      7%
      $5,500,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,182,000
      Market price range: $868k - $3.18M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $6,115,000
      Current use
      AUTO REPAIR, GARAGE
      $8,240,000
      Change: +35% Conversion: Difficult
      RETAIL STORES
      $7,400,000
      Change: +21% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $7,355,000
      Change: +20% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $7,335,000
      Change: +20% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Collierville
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.7197
    Latitude
    35.026
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $239,093
    $476,520
    $4,202,400
    $4,678,920
    -
    $1,191,300
    $10,506,000
    $11,697,300

    Comparable in this City

    • Value Estimation
      $4,660,000
      77,104 SF

      4640 Merchants Park Cir

      HOTEL/MOTEL • 77,104 SF
      4640 Merchants Park Cir, Collierville, TN 38017-9111
      View Details
    • Value Estimation
      $6,255,000
      209,208 SF

      4260 Merchants Park Dr

      HOTEL • 209,208 SF
      4260 Merchants Park Dr, Collierville, TN 38017-9111
      View Details
    • Value Estimation by Request
      5,406 SF

      154 Us Hwy 72

      HOTEL/MOTEL • 5,406 SF
      154 Us Hwy 72, Collierville, TN 38017-2809
      View Details
    • Value Estimation by Request
      130,000 SF

      4660 Merchants Park Cir

      HOTEL • 130,000 SF
      4660 Merchants Park Cir, Collierville, TN 38017-9111
      View Details
    • Value Estimation
      $8,790,000
      78,336 SF

      1280 Poplar Ave

      HOTEL • 78,336 SF
      1280 Poplar Ave, Collierville, TN 38017-3103
      View Details
    • Value Estimation by Request
      2,372 SF

      144 Us Hwy 72

      HOTEL/MOTEL • 2,372 SF
      144 Us Hwy 72, Collierville, TN 38017-2999
      View Details

    Similar Nearby for Sale

    • $445,000

      Wooded Land for Residential Development

      Land with gentle terrain suitable for building one or two homes.
      385 Monterey Dr, Collierville, TN 38017
      View Details
    • $135,000
      2.40 Acres

      2-Acre Lot on Monterey Road

      2.4-acre lot with mature trees and stone fence frontage.
      272 Monterey Farms Cv, Collierville, TN 38017
      View Details
    • $341,631
      1.84 Acres

      Residential Land in Gated Community

      1.84 acre lot in gated community with walking trail.
      200 Crown Vis, Piperton, TN 38017
      View Details
    • Contact for pricing

      Land For Sale Collierville

      Land available for purchase in Collierville, Tennessee.
      Wolf River Blvd, Collierville, TN 38017
      View Details
    • $499,000
      4 SF

      Land with Highway Frontage

      4-acre land parcel with potential industrial zoning.
      660 Mt. Pleasant Rd, Collierville, TN 38017
      View Details
    • Contact for pricing

      Land For Sale Collierville

      Land available for sale in Collierville, Tennessee.
      Holmes Rd, Collierville, TN 38017
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,124 SF

      Collierville Office Space Available

      Prime 1,263 SF Office Suite, Collierville TN
      91 Peyton Pkwy, Collierville, TN 38017
      View Details
    • Contact for pricing
      1,269 SF

      Collierville Office Space Available

      Office space for rent in the heart of Collierville.
      574 Green Tree Cv, Collierville, TN 38017
      View Details
    • Contact for pricing
      94,552 SF

      Millington Retail Space Available

      Prime Retail Space, High Traffic Area
      8540 Us Highway 51, Millington, TN 38017
      View Details
    • Contact for pricing
      3,482 SF

      Retail Space in Carriage Crossing

      Retail space in a thriving lifestyle center, near hotels.
      4610 Merchants Park Cir, Collierville, TN 38017
      View Details
    • Contact for pricing
      2,724 SF

      Retail Space in Carriage Crossing

      Thriving lifestyle center with retail and professional services tenants.
      4650 Merchants Park Cir, Collierville, TN 38017
      View Details
    • Contact for pricing
      1,340 SF

      Retail Space on Poplar Avenue

      Retail space for lease in Collierville's Schilling Farms.
      1337 W Poplar Ave, Collierville, TN 38017
      View Details

    Property Visit Statistics

    • Visits by month
      7.5k
    • Visitors by month
      2.9k
    • Avg Time on site
      449 min
    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.
    10290 Collierville Rd
    Collierville, TN 38017-3322
    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!