Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10569 Macon Rd Cordova, TN 38016-6641
    Back to Search
    Property profile & analytics

    10569 Macon Rd, Cordova, TN 38016-6641

    View on Map
    • Warehouses
    • 4,500 SF
    • 1.15 lot acres
    Off-Market
    Last Sale Aug 5, 2022
    $300,000
    Property ID
    US80-1240561
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Magnificent Grounds LLC / Landscaping

    Property Details for 10569 Macon Rd

    Year built
    2001
    Lot size
    1.15 lot acres
    Zone code
    CMU-1
    Property type
    Warehouses
    APN
    D02-16 - - -00235
    APU
    D021600235

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 5, 2022 $300,000 Magnificent Grounds LLC Rei Investments INC Warranty Deed $240k · Pinnacle Bank
    Sep 24, 2008 — Rej Investments INC Jones,rodney E Quit Claim Deed · related $366k · Bank Of Fayette County
    Apr 13, 2006 — Rodney Jones — Trustees Deed · related $227k · Bank Of Fayette County
    Jan 23, 2006 — Rodney E Jones Jones,rodney E Quit Claim Deed · related —
    Apr 12, 2001 $77,219 Rodney E Lee Vest,bill R Quit Claim Deed · related $270k · Bancorp South Bank
    Sep 14, 1998 — William E Smith — Grant Deed · related $212k · Banktennessee
    — — Macon Road Nursery LLC — Deed Of Trust · related $332k · Bank Of Moscow

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Cordova
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.7107
    Latitude
    35.1589
    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
    $2,787
    $64,120
    $18,080
    $82,200
    -
    $160,300
    $45,200
    $205,500

    Comparable in this City

    • Value Estimation by Request
      1,840 SF

      8000 Autumn Crk Dr

      MINI-WAREHOUSE, STORAGE
      8000 Autumn Crk Dr, Cordova, TN 38016-5949
      View Details
    • Value Estimation
      $585,000
      31,250 SF

      9575 Macon Rd

      WAREHOUSE, STORAGE
      9575 Macon Rd, Cordova, TN 38016-6551
      View Details
    • Value Estimation
      $1,665,000
      43,500 SF

      9113 Macon Rd

      MINI-WAREHOUSE, STORAGE
      9113 Macon Rd, Cordova, TN 38016-6113
      View Details
    • Value Estimation
      $2,260,000
      83,179 SF

      1546 Germantown Pkwy

      MINI-WAREHOUSE, STORAGE
      1546 Germantown Pkwy, Cordova, TN 38016-5964
      View Details
    • Value Estimation by Request
      3,070 SF

      1817 Lenow Rd

      WAREHOUSE, STORAGE
      1817 Lenow Rd, Cordova, TN 38016-5303
      View Details
    • Value Estimation
      $4,295,000
      37,702 SF

      9525 Macon Rd

      WAREHOUSE, STORAGE
      9525 Macon Rd, Cordova, TN 38016-6551
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      66,175 SF

      Cordova Industrial Investment Opportunity

      66,175 SF industrial facility in Cordova, TN for sale.
      9525 Macon Rd, Cordova, TN 38016
      View Details
    • Contact for pricing

      Multi-Tenant Industrial Building For Sale

      Multi-tenant industrial building in Cordova's industrial district, Macon Road.
      9373 Macon Rd, Cordova, TN 38016
      View Details
    • Contact for pricing
      28,500 SF

      Cordova Office Building For Sale

      28,500 SF office building in Cordova, Tennessee.
      7345 Goodlett Farms Pkwy, Cordova, TN 38016
      View Details
    • Contact for pricing

      Commercial Land at Dexter Road

      8.48+/- acres of commercial land for sale.
      Dexter Rd, Cordova, TN 38016
      View Details
    • Contact for pricing

      Germantown Parkway Boutique Office Building

      Boutique office building near Shelby Farms Park.
      7990 Trinity Rd, Cordova, TN 38016
      View Details
    • Contact for pricing

      196-Unit Multifamily Community Frontage

      196-unit multifamily community with frontage on Germantown Parkway.
      7965 Humphreys Hill Dr, Memphis, TN 38016
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Cordova Industrial Building For Rent

      Multi-tenant industrial building in Cordova's Macon Road Industrial Park.
      9373 Macon Rd, Cordova, TN 38016
      View Details
    • Contact for pricing
      6,000 SF

      Cordova Industrial Spaces For Lease

      Multi-tenant industrial building in Cordova's Industrial District.
      9365-9373 Macon Rd, Cordova, TN 38016
      View Details
    • Contact for pricing
      44,902 SF

      Cordova Office & Flex Space

      Office and flex space available for sublease in Cordova, TN.
      1900 Charles Bryan Rd, Cordova, TN 38016
      View Details
    • Contact for pricing
      5,000 SF

      Retail Spaces in Cordova Center

      Retail spaces available in a large shopping center.
      1697-1727 N Germantown Pkwy, Cordova, TN 38016
      View Details
    • Contact for pricing

      Grocery Anchored Retail Space

      Retail space available in Cordova shopping center.
      N Germantown Pkwy At Dexter Rd, Cordova, TN 38016
      View Details
    • Contact for pricing
      6,048 SF

      Retail Space on Germantown Parkway

      12,700 SF retail space available on busy Germantown Parkway.
      1890 N Germantown Pkwy, Cordova, TN 38016
      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.
    10569 Macon Rd
    Cordova, TN 38016-6641
    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

    Thank You for Inquiry
    10569 Macon Rd, Cordova, TN, 38016
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!