Property profile

1175 Vickery Ln 202 Cordova, TN 38016

FOR LEASE
Office buildings
Property ID
US80-0169977
5,829 SF 0.29 ac lot Built 2002
Entity Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 1500-square-foot traditional office space is ideally situated in the Villages of Cordova Office Park in Memphis, Tennessee. Located on the ground floor at 1175 Vickery Lane, Suite #101, Cordova, TN 38016, this single-tenant property offers convenient access, boasting three exterior entrance doors. The spacious layout includes multiple rooms, perfect for various business needs, and features a dedicated kitchenette. The office is part of a larger office park with three other offices sharing common areas, including men's and women's restrooms on both the first and second floors. Ample parking is available for tenants and visitors. The property's location is easily accessible, near the northeast corner of Macon Road and Dexter Lane, surrounded by established regional and national professional office companies. The interior comprises five distinct office rooms plus a general area, providing flexibility for diverse workspace configurations. This prime location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a well-appointed and conveniently located office space in Shelby County. Directions: From North Germantown Parkway, head east on Macon Road to Dexter Lane. Turn north onto Dexter Lane, then right onto Vickery Lane.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2002
Total area 5,829 SF
Lot 0.29 ac (12,807 SF)
Zoning code R-6
APN 091-011- - -00031
UPID US80-0169977

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Billing Service
  • Business Park
  • General Contractor Waste Management Facility
  • Accounting Firm Tax Preparation

Location

1175 Vickery Ln, Unit 202 Cordova, TN 38016
Cordova metro Census 21136 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2022
Last sale
$355,000
7 recorded transactions
2022
Price N/A
2015
$355,000
2015
$355,000
2010
$321,000
2009
$379,907
2007
Price N/A
2005
Price N/A

Zoning & alternative use

R-6 · Cordova, TN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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