New search
Property profile & analytics
FOR LEASE
Strip malls
2140 W Poplar Ave, Collierville, TN 38139
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US80-0567885
For Lease
1 / 2
$1,110,000
2140 W Poplar Ave, Collierville, TN 38139
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Total area
9,520 SF
Lot
2.87 ac (124,974 SF)
Zoning code
GC
APN
C02-43 - - -00010
UPID
US80-0567885
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Kayla Massey, MSN, FNP Physician
-
Johnson Donna DC Alternative Medicine Practice
-
Doriot Tammy DC Alternative Medicine Practice
-
Massage and Contour Memphis Alternative Medicine Practice Spa & Massage Center
-
The Skybox Grill Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$820k
Blend (final)
Blend
$1.11M
Owner & transaction history
Phc Of Cntry Club Collections LLC · 10 yrs held
Phc Of Cntry Club Collections LLC
since 2016
7 recorded transactions
Zoning & alternative use
GC · Collierville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+66.3%
Office building
$1.4M
+63.5%
Auto repair, garage
$950,000
+12.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Collierville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Collierville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$845,000
Current use
MEDICAL BUILDING
$1,410,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$1,385,000
Change: +63% · Conversion: Moderate
AUTO REPAIR, GARAGE
$950,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$855,000
Change: +1% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$850,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$117 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$66,814
Tax year 2022
Assessed value
$1,307,520
Assessed 2023
Previous assessed
$1,307,520
+0.0% YoY
Effective rate
5.11%
On assessed value
Assessed land
$776,200
Assessed improvement
$531,320
Land market value
$1,940,500
Improvement market value
$1,328,300
Total market value
$3,268,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2004
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
9,520 SF
Lot
2.87 ac (124,974 SF)
Zoning code
GC
APN
C02-43 - - -00010
UPID
US80-0567885
Jurisdiction
SHELBY
Zoning & alternative use
GC · Collierville, TN
Zoning GC · permitted uses
GC · Collierville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Collierville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$845,000
MEDICAL BUILDING
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$950,000
RETAIL STORES
Est. value
$855,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$850,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
2.87 ac
Current owner
From public records · entity-resolved
Phc Of Cntry Club Collections LLC
Entity
Mailing address
PO BOX 854, PALM HARBOR, FL 34682-0854
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2020
—
Phc At Cc Collections LLC
—
Deed
related
$2,486,154 · Wells Fargo Bk
May 24, 2016
$3,500,000
Phc Of Cntry Club Collections LLC
2140-2150 Poplar Avenue Holdin
Grant Deed
$1,400,000 · Wells Fargo Bk
Aug 31, 2012
$3,425,000
2140-2150 Poplar Avenue Holdin
Tom Robert F
Trustees Deed
—
Nov 15, 2007
—
Country Club Holdings LLC
Country Club Collections LLC
Quit Claim Deed
related
—
Sep 8, 2003
—
Country Club Collections II
Trezevant,stanley H
Quit Claim Deed
related
$3,050,000 · Bancorp South Bank
—
—
Country Club Collections LLC
—
Deed Of Trust
related
$248,000 · Bancorp South Bank
—
—
Phc At Cc Collections LLC
—
Loan Modification
related
$2,486,154 · Wells Fargo Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
