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Property profile & analytics

310 Germantown Bnd Cv Cordova, TN 38018-4267

  • Office buildings
  • 6,583 SF
  • 0.57 lot acres
OFF-MARKET
Last Sale
Sep 12, 2024
$765,000
Value Estimations
$765,000
Show details
Cap Rate Potential
9%
Office buildings
Location Intelligence
Property ID
US80-3054140
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

  • 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

based on Realmo’s proprietary methodology
  • 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
    Market price range: $555k - $944k
    AI Estimate
    $586,000
    Market 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

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


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

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
2023
$12,583
$54,640
$151,920
$206,560
-
$136,600
$379,800
$516,400
More about this property
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