Property profile

1561 Germantown Pkwy Cordova, TN 38016

OFF-MARKET
Auto shops
Property ID
US80-0425621
6,733 SF 1.19 ac lot Built 2004
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2004
Total area 6,733 SF
Lot 1.19 ac (51,836 SF)
Zoning code CA
APN 096-500- - -00586
UPID US80-0425621

Cap rate & NOI

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

Location

1561 Germantown Pkwy Cordova, TN 38016-5966
Cordova metro Census 21126 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$800k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.11M
Blend (final) Blend
$800k

Owner & transaction history

since 2021
Last sale
$800,000
7 recorded transactions
2021
$1.6M
2017
$1.4M
2008
Price N/A
2006
$1.9M
2004
$1.0M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CA · Cordova, TN
Top alternative use upside
Neighborhood: shopping center $1.1M +62.3%
Medical building $995,000 +48.0%
Office building $770,000 +14.3%

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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