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    Property profile & analytics

    1950 Berryhill Rd Cordova, TN 38016-5356

    • Day care centers
    • 7,495 SF
    • 1.53 lot acres
    OFF-MARKET
    Value Estimation
    $1,320,000
    Last Sale
    Jul 23, 2020
    $1,534,000
    Location Intelligence
    Property ID
    US80-0422140
    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

    • Bright Ideas Enrichment Center - Cordova / Kindergarten / Learning Center

    Property Details for 1950 Berryhill Rd

    Year built
    1982
    Construction
    FRAME
    Lot size
    1.53 lot acres
    Property size
    7,495 SF
    Zone code
    RU-2
    Property type
    Day care centers
    APN
    D02-09 - - -00545
    APU
    D020900545

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,395,000
      6.5%
      $1,510,000
      7%
      $1,605,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,610,000
      Geo Method
      $1,335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,275,000
      Retail
      $1,620,000
      Mixed-Use
      $1,285,000
      Hospitality
      $1,625,000
      Educational
      $1,685,000
      Residential Income
      $1,600,000
      Energy
      $1,480,000
      Income-Based Land
      $1,650,000
      Food Service
      $1,475,000

    Location Insight

    • Map
    • Local Demand
    City
    Cordova
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.7552
    Latitude
    35.1782
    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
    $11,324
    $69,360
    $264,680
    $334,040
    -
    $173,400
    $661,700
    $835,100

    Comparable in this City

    • Value Estimation
      $460,000
      9,270 SF

      7917 Clb Ctr Dr

      DAY CARE, PRE-SCHOOL • 9,270 SF
      7917 Clb Ctr Dr, Cordova, TN 38016-8668
      View Details
    • Value Estimation
      $285,000
      1,350 SF

      10483 Macon Rd

      DAY CARE, PRE-SCHOOL • 1,350 SF
      10483 Macon Rd, Cordova, TN 38016-6641
      View Details
    • Value Estimation
      $345,000
      7,420 SF

      1725 Appling Rd

      DAY CARE, PRE-SCHOOL • 7,420 SF
      1725 Appling Rd, Cordova, TN 38016-4903
      View Details
    • Value Estimation
      $1,000,000
      15,267 SF

      8150 Country Vlg Dr

      DAY CARE, PRE-SCHOOL • 15,267 SF
      8150 Country Vlg Dr, Cordova, TN 38016-2029
      View Details
    • Value Estimation
      $570,000
      11,168 SF

      9603 Us Hwy 64

      VETERINARY, ANIMAL HOSPITAL • 11,168 SF
      9603 Us Hwy 64, Cordova, TN 38016
      View Details
    • Value Estimation by Request
      4,628 SF

      1565 Germantown Pkwy

      Automotive properties • 4,628 SF
      1565 Germantown Pkwy, Memphis, TN 38016
      View Details

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    Similar Nearby for Lease

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    • $1.00 SF/Yr

      Prime Commercial Land For Rent

      Commercial land for rent adjacent to IKEA and hotels.
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    • Contact for pricing
      2,345 SF

      Retail Center Space Available

      Retail spaces available in well-positioned Cordova shopping center.
      1890 Berryhill Rd, Cordova, TN 38016
      View Details
    • Contact for pricing
      5,000 SF

      Retail Spaces in Cordova Center

      Retail spaces available in a large shopping center.
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      View Details
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    Cordova, TN 38016-5356
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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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