Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2830 Whitten Rd Bartlett, TN 38133

    • Auto shops
    • 3,200 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-0991733
    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

    • Auto shops

    Property Details for 2830 Whitten Rd

    Year built
    1994
    Lot size
    0.34 lot acres
    Property size
    3,200 SF
    Zone code
    C-H
    Property type
    Auto shops
    APN
    B02-01 - - -00122
    APU
    B020100122

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bartlett
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8364
    Latitude
    35.2028
    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
    $1,774
    $24,440
    $27,880
    $52,320
    -
    $61,100
    $69,700
    $130,800

    Comparable in this City

    • Value Estimation
      $1,365,000
      11,422 SF

      2501 Whitten Rd

      AUTO REPAIR, GARAGE • 11,422 SF
      2501 Whitten Rd, Memphis, TN 38133-4730
      View Details
    • Value Estimation
      $530,000
      9,488 SF

      2355 Appling City Cv

      AUTO REPAIR, GARAGE • 9,488 SF
      2355 Appling City Cv, Memphis, TN 38133-4735
      View Details
    • Value Estimation by Request
      7,965 SF

      2870 New Brunswick Rd

      AUTO REPAIR, GARAGE • 7,965 SF
      2870 New Brunswick Rd, Bartlett, TN 38133-4142
      View Details
    • Value Estimation
      $585,000
      8,400 SF

      1921 Whitten Rd

      AUTO REPAIR, GARAGE • 8,400 SF
      1921 Whitten Rd, Memphis, TN 38133-7025
      View Details
    • Value Estimation
      $630,000
      18,936 SF

      2046 Whitten Rd

      AUTO REPAIR, GARAGE • 18,936 SF
      2046 Whitten Rd, Memphis, TN 38133-6002
      View Details
    • Value Estimation by Request
      8,242 SF

      2848 Appling Way

      AUTO REPAIR, GARAGE • 8,242 SF
      2848 Appling Way, Memphis, TN 38133-5068
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,546 SF

      Take 5 Oil Change

      Take 5 Oil Change for sale in Memphis, Tennessee.
      2041 Whitten Rd, Memphis, TN 38133
      View Details
    • Contact for pricing

      Wolfchase Area Premier Power Center

      668,089 SF retail center in the Wolfchase trade area.
      7930 Germantown Pkwy, Memphis, TN 38133
      View Details
    • $649,900
      3,411 SF

      Bartlett Retail Space - Memphis, TN

      Prime Bartlett location, updated bar/restaurant. High traffic area.
      2779 Whitten Rd, Memphis, TN 38133
      View Details
    • Contact for pricing

      Bartlett Retail Center on Stage

      48,200 SF neighborhood center with multiple suites available.
      7124 Stage Rd, Bartlett, TN 38133
      View Details
    • Contact for pricing

      Retail Strip Center in Memphis

      16,150 SF retail strip center in the Wolfchase Trade Area.
      7505-7547 Us Highway 64, Memphis, TN 38133
      View Details
    • $1,200,000
      7,774 SF

      Memphis Restaurant - Prime Location

      Fully equipped, 7,774 SF restaurant on 2.57 acres.
      7990 Horizon Center Blvd, Memphis, TN 38133
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Center in Wolfchase Area

      Retail spaces available in a high-traffic Memphis location.
      8385 Us Highway 64, Memphis, TN 38133
      View Details
    • Contact for pricing

      Retail Space in Wolfchase Area

      Retail space available in the Wolf Run Plaza shopping center.
      7980 Us Highway 64, Bartlett, TN 38133
      View Details
    • Contact for pricing
      48,200 SF

      StageCoach Collection: Bartlett Retail

      Bartlett retail center, 3 suites available.
      7124 Stage Rd, Bartlett, TN 38133
      View Details
    • $16 SF/Yr
      22,800 SF

      7657 US Hwy 70 Creative Office Space

      Modern Creative Office, Flexible Suites
      7657 Us Highway 70, Memphis, TN 38133
      View Details
    • Contact for pricing
      1,400 SF

      Retail Suites in Stage Road Center

      Multiple 1,400 SF suites available in a vibrant shopping center.
      7140 Stage Rd, Bartlett, TN 38133
      View Details
    • Contact for pricing

      Wolfchase Galleria Retail Opportunity

      Retail space available in Memphis's largest mall.
      2800 N Germantown Pkwy, Memphis, TN 38133
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2830 Whitten Rd
    Bartlett, TN 38133
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!