310 Germantown Bnd Cv Cordova, TN 38018-4267
- Office buildings
- 6,583 SF
- 0.57 lot acres
Sep 12, 2024
Current Use by Public Records
- Carolyn R. Foster, RD / Nutritionist
- NailsXKari / Nail Salon
- PBC INC / Beauty Salon
- CattriceVibesAndMassages / Massage Therapist
- Selah Aesthetics and More / Skin Care Clinic / Physical Fitness Program
Property Details for 310 Germantown Bnd Cv
- Year built
- 1998
- Lot size
- 0.57 lot acres
- Property size
- 6,583 SF
- Zone code
- R-10
- Property type
- Office buildings
- APN
- 091-111- - -00009
- APU
- 9111100009
Description
This exceptional office space, located at 310 Germantown Bend Cove in Shelby County, offers 1,000 square feet of versatile workspace currently available for lease. The property is classified as a Traditional Office and also suitable for Executive Office use, making it ideal for a variety of businesses. The building features a multi-tenant occupancy, providing a collaborative and professional environment. The 1,000 square foot space presents a significant opportunity for businesses seeking a well-located and functional office solution. Its location in Shelby County offers convenient access to major transportation routes and amenities, enhancing the overall appeal for employees and clients alike. The space is ready for immediate occupancy, allowing businesses to quickly establish their operations. This is a fantastic opportunity to secure a well-maintained and conveniently located office space in a thriving area. The property's traditional office layout provides a classic and professional atmosphere, while its suitability as an executive office suggests a high level of finish and amenities. Interested parties are encouraged to inquire further to explore the possibilities this space offers. The available space is perfect for a business seeking a single, sizable office unit. This is a rare opportunity to lease a well-situated and functional office space in a desirable location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $765,000
- ML approach
- $765,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,150,000
- 6.5%
- $1,060,000
- 7%
- $985,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $645,000
- AI Estimate
- $586,000
Market price range: $555k - $944kMarket price range: $360k - $856k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $720,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,070,000 Change: +48% Conversion: Difficult
- MEDICAL BUILDING
- $975,000 Change: +35% Conversion: Easy
- AUTO REPAIR, GARAGE
- $660,000 Change: -9% Conversion: Difficult
- RETAIL STORES
- $590,000 Change: -18% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $590,000 Change: -19% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Cordova
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.7984
- Latitude
- 35.1223
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA