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Financial
Distress signals
Property profile

1600 Bonnie Ln Cordova, TN 38016

FOR LEASE
Office buildings
Property ID
US80-0774857
6,258 SF 0.56 ac lot Built 1998
Last sale Aug 2024 · $1,875,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a multi-building office center consisting of seven buildings and providing three office suites that total 4,066 square feet, located near the Germantown Parkway corridor with access via Bonnie Lane. The suites are configured as office space with drive-up access and dedicated parking, and the site is positioned to allow convenient ingress and egress to Germantown Parkway. The office center sits in a high-traffic area between Germantown and Wolfchase Galleria, with reported…

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?
$9k
Tax billed · 2022
Assessed value · 2023$153k
Assessed land$54k
Assessed improvement$99k
Effective rate6.09%

Value estimate

· Oct 2026
$3.37M
$3.03M – $3.71M
CAP approach$1.30M
NOI build-up
Gross scheduled income$22k
Vacancy & credit loss−$5k
Operating expenses−$4k
NOI · 74,872.83% cap applied$13k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$114/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$73 – $190
Qualifying comparables5

Cap rate analysis

How does the asset earn?
74,872.83%
$13k 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?
RU-3
Residential development in the RU-3 District allows a variety of housing types including single-family detached (conventional, side yard ...
General categoryRESIDENTIAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm25.2
Realty agency25.1
Building Supply18.8

Location

1600 Bonnie Ln Cordova, TN 38016
County assessor Recorded deeds · 5 transfers 5 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1590 Bonnie, Cordova, TN 38016-0506 $775,000 Dec 2023 6,258 SF
1168 Vickery, Cordova, TN 38016-1664 $350,000 Feb 2023 6,204 SF
1180 Vickery, Cordova, TN 38016-0629 $465,000 Oct 2022 5,624 SF
8134 Country Vlg, Cordova, TN 38016-3013 $685,000 Sep 2022 5,907 SF
1322 Hardwood, Cordova, TN 38016-0527 $655,000 Jan 2022 6,680 SF
1316 Hardwood, Cordova, TN 38016-8513 $478,000 Apr 2021 5,638 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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