Technical
Financial
Distress signals
Property profile

1253 Houston Levee Rd Cordova, TN 38018

OFF-MARKET
Grocery and convenience stores
Property ID
US80-0410632
6,300 SF 1.56 ac lot Built 2022
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2022
Total area 6,300 SF
Lot 1.56 ac (67,779 SF)
Zoning code CMU-2
APN D02-15 - - -00847
UPID US80-0410632

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
  • Bar & Pub (Bike/Boat/Book/etc) Store
  • Car Wash
  • Cafe & Coffee Shop
  • Atm

Location

1253 Houston Levee Rd Cordova, TN 38018-7154
Cordova metro Census 21020 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.14M
Comparable Approach Comparable
$1.11M
Blend (final) Blend
$1.23M

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

CMU-2 · Cordova, TN
Top alternative use upside
Restaurant $2.0M +94.5%

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
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