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Property profile

2707 Memorial Blvd C Springfield, TN 37172

FOR LEASE
Commercial land
Property ID
US80-1757622
1,776 SF 1.2 ac lot Built 1960
Last sale Nov 2022 · $36,500
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
2707 Memorial Blvd,Unit C, Springfield, TN 37172 For Lease
Contact for pricing 1,480 SF available
2707 Memorial Blvd,Unit C, Springfield, TN 37172
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Property summary

AI-generated overview

The property is a retail shopping center completed in 2026, located at 2707 Memorial Blvd in Springfield, Tennessee, directly across from a Kroger. Suite D provides 1,467 square feet and is delivered for tenant build-out, with the interior configurable for a retail use. Additional contiguous space can be combined to expand the premises up to approximately 7,400 square feet. The zoning is CS, and the suite is positioned within a retail-oriented center serving surrounding commercial activity.

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

What does the county charge?
Assessed value · 2023$178k
Assessed land$178k

Value estimate

· Oct 2026
$345k
$311k – $380k
AI approach$310k
NOI build-up
Gross scheduled income$27k
Vacancy & credit loss−$2k
Operating expenses−$7k
NOI · 446.21% cap applied$17k

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

Recently sold

What actually traded nearby?
$157/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$79 – $247
Qualifying comparables5

Cap rate analysis

How does the asset earn?
446.21%
$17k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionROBERTSON

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon12.1
Spa & Massage11.2
Electrical Service10.4

Location

2707 Memorial Blvd, Unit C Springfield, TN 37172
County assessor Recorded deeds · 6 transfers 5 qualifying comp sales Zoning catalog · not on file

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
1904 Woolen Mls, Springfield, TN 37172-2600 $2,750,000 May 2025 13,000 SF
814 Main, Springfield, TN 37172-2812 $206,000 Mar 2025 858 SF
Hwy 41n, Springfield, TN 37172 $418,500 Dec 2024 No data
815 Main, Springfield, TN 37172-2811 $73,875 Feb 2023 2,040 SF
Tom Austin, Springfield, TN 37172 $1,300,000 Apr 2022 432 SF
1508 Memorial, Springfield, TN 37172-3235 $475,000 Oct 2021 16,135 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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