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    Property profile & analytics

    1880 Germantown Pkwy Cordova, TN 38016-3304

    • Strip malls
    • 24,778 SF
    • 2.95 lot acres
    OFF-MARKET
    Value Estimation
    $2,480,000
    Last Sale
    Jan 22, 2021
    $2,850,000
    Location Intelligence
    Property ID
    US80-0960803
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Planet Fitness / Gym / Fitness Center

    Property Details for 1880 Germantown Pkwy

    Year built
    1997
    Lot size
    2.95 lot acres
    Property size
    24,778 SF
    Zone code
    CA
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    096-500- - -00508
    APU
    9650000508

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,075,000
      6.5%
      $3,035,000
      7%
      $2,710,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,960,000
      Geo Method
      $2,740,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,765,000
      Retail
      $2,935,000
      Mixed-Use
      $2,720,000
      Hospitality
      $2,430,000
      Educational
      $2,610,000
      Residential Income
      $3,035,000
      Energy
      $2,800,000
      Income-Based Land
      $2,820,000
      Food Service
      $2,710,000

    Location Insight

    • Map
    • Local Demand
    City
    Cordova
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.7917
    Latitude
    35.1764
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $70,524
    $511,680
    $646,040
    $1,157,720
    -
    $1,279,200
    $1,615,100
    $2,894,300

    Comparable in this City

    • Value Estimation by Request
      106,290 SF

      9025 Hwy 64

      SHOPPING CENTER, STRIP CENTER • 106,290 SF
      9025 Hwy 64, Cordova, TN 38016
      View Details
    • Value Estimation by Request
      10,578 SF

      2323 Germantown Pkwy

      SHOPPING CENTER, STRIP CENTER • 10,578 SF
      2323 Germantown Pkwy, Cordova, TN 38016-7406
      View Details
    • Value Estimation
      $1,885,000
      17,500 SF

      1890 Berryhill Rd

      SHOPPING CENTER, STRIP CENTER • 17,500 SF
      1890 Berryhill Rd, Cordova, TN 38016-5383
      View Details
    • Value Estimation
      $3,325,000
      28,700 SF

      8014 Clb Ctr Dr

      SHOPPING CENTER, STRIP CENTER • 28,700 SF
      8014 Clb Ctr Dr, Cordova, TN 38016-8656
      View Details
    • Value Estimation by Request
      137,355 SF

      1245 Germantown Pkwy

      SHOPPING CENTER, STRIP CENTER • 137,355 SF
      1245 Germantown Pkwy, Cordova, TN 38016-5877
      View Details
    • Value Estimation by Request
      13,000 SF

      2845 Houston Levee Rd

      SHOPPING CENTER, STRIP CENTER • 13,000 SF
      2845 Houston Levee Rd, Cordova, TN 38016-0179
      View Details

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    Similar Nearby for Lease

    • Contact for pricing

      Cordova Retail Space For Lease

      99,048 SF shopping center with available spaces.
      1770-8110 N Germantown Pkwy, Cordova, TN 38016
      View Details
    • Contact for pricing
      7,280 SF

      Retail Space in Cordova Collection

      Retail spaces available in high-traffic Cordova shopping center.
      1770 Dexter Springs Loop, Cordova, TN 38016
      View Details
    • Contact for pricing
      6,048 SF

      Retail Space on Germantown Parkway

      12,700 SF retail space available on busy Germantown Parkway.
      1890 N Germantown Pkwy, Cordova, TN 38016
      View Details
    • $16 SF/Yr
      6,972 SF

      Retail Space on Germantown Parkway

      Retail suites available in high-traffic Cordova shopping complex.
      1250 N Germantown Pkwy, Cordova, TN 38016
      View Details
    • Contact for pricing
      1,493 SF

      Retail Space in Cordova Collection

      Retail spaces available in high-traffic Cordova shopping center.
      1769 Dexter Springs Loop, Cordova, TN 38016
      View Details
    • Contact for pricing

      Cordova Retail Space For Rent

      Retail space available in Cordova, Tennessee anchored by Ace Hardware.
      1740 N Germantown Pkwy, Cordova, TN 38016
      View Details
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    Cordova, TN 38016-3304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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