Realmo Analytics

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Financial
Distress signals
Property profile

115 W Us Highway 72 Collierville, TN 38017

FOR SALE
Retail space
Property ID
US80-1450674
2,070 SF 2.79 ac lot Built 1967
Last sale Dec 2007 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$18k
Tax billed · 2022
Assessed value · 2023$351k
Assessed land$217k
Assessed improvement$134k
Effective rate5.11%

Value estimate

· Oct 2026
$260k
$234k – $286k
AI approach$260k
NOI build-up
Gross scheduled income$389k
Vacancy & credit loss−$39k
Operating expenses−$105k
NOI · 13.60% cap applied$245k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$90/SF
County average, outlier-cleaned · 376 recorded sales of this use type
Observed band · Q1–Q3$38 – $151
Qualifying comparables11

Cap rate analysis

How does the asset earn?
13.60%
$245k 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?
GC
These districts are designed to provide adequate space in appropriate locations for the establishment of a wide variety of uses, includin...
General categoryCOMMERCIAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy10.8
Auto Parts Store9.5
Pawn Shop9.3

Location

115 W Us Highway 72 Collierville, TN 38017
County assessor Recorded deeds · 1 transfer 11 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
124 Mulberry, Collierville, TN 38017-2675 $450,000 Aug 2025 1,932 SF
122 Mulberry, Collierville, TN 38017-2675 $350,000 Aug 2025 1,520 SF
504 Us Hwy 72, Piperton, TN 38017-5514 $350,000 Oct 2023 2,262 SF
111 Us Hwy 72, Collierville, TN 38017-2942 $504,000 Mar 2023 2,242 SF
198 Ctr, Collierville, TN 38017-3257 $412,500 Sep 2019 3,672 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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