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Property profile & analytics
OFF-MARKET
Strip malls
1204 Us Hwy 72 Collierville, TN 38017
Entity Owned
1-yr Hold
Free & Clear
Property ID
US80-1665367
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1986
Total area
10,593 SF
Lot
1.24 ac (53,971 SF)
Zoning code
SCC
APN
C02-44 - -A-00102
UPID
US80-1665367
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Faceless Cedar LLC · 1 yrs held
Faceless Cedar LLC
since 2025
Last sale
$3.2M
5 recorded transactions
Zoning & alternative use
SCC · Collierville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
9 TN Traditional Neighborhood District 151.050 MU Mixed Use District Commercial Districts 151.060 Statement of purpose 151.061 NC Neighborhood Commercial District 151.062 MPO Medical-Professional Office District 151.063 SCC Shopping Center Commercial District 151.064 CB Central Business District 151.065 GC General Commercial District Industrial Districts 151…
Zone name
Shopping Center Commercial
General category
COMMERCIAL
Zone area
889.71 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Collierville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Collierville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$35,743
Tax year 2022
Assessed value
$699,480
Assessed 2023
Previous assessed
$699,480
+0.0% YoY
Effective rate
5.11%
On assessed value
Assessed land
$298,600
Assessed improvement
$400,880
Land market value
$746,500
Improvement market value
$1,002,200
Total market value
$1,748,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1986
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
10,593 SF
Lot
1.24 ac (53,971 SF)
Zoning code
SCC
APN
C02-44 - -A-00102
UPID
US80-1665367
Jurisdiction
SHELBY
Zoning & alternative use
SCC · Collierville, TNZoning SCC · permitted uses
SCC · Collierville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
9 TN Traditional Neighborhood District 151.050 MU Mixed Use District Commercial Districts 151.060 Statement of purpose 151.061 NC Neighborhood Commercial District 151.062 MPO Medical-Professional Office District 151.063 SCC Shopping Center Commercial District 151.064 CB Central Business District 151.065 GC General Commercial District Industrial Districts 151.075 Statement of purpose 151.076 RI - Restrictive Industrial District 151.077 GI -
Zone name
Shopping Center Commercial
General category
COMMERCIAL
Zone area
889.71 ac
Building & site characteristics
From public records
Year built
1986
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.24 ac
Current owner
From public records · entity-resolved
Faceless Cedar LLC
Entity
Free & Clear · 1 yrs held
Mailing address
603 TYNER WAY, INCLINE VILLAGE, NV 89451-8321
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2025
$3,200,000
Faceless Cedar LLC
A3m2 Property Investment LLC
Warranty Deed
—
Apr 6, 2022
$2,400,000
A3m2 Proprty Investment LLC
Th Magbolia Sands LLC
Special Warranty Deed
—
Apr 4, 2017
$2,500,000
Th Magnolia Sands LLC
Gill Retail Gp
Warranty Deed
—
Nov 1, 2011
$782,500
Gill Retail Gp
Ellis Ents Of Collierville LLC
Warranty Deed
$1,400,000 · Renasant Bank
—
—
Gill Retail Gp
—
Deed Of Trust
related
$110,750 · Renasant Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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