Property profile

420 Germantown Pkwy Cordova, TN 38018

OFF-MARKET
Strip malls
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Property ID
US80-3372291
20,842 SF 3.08 ac Built 2003
Last sale Jan 2014·$2,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property includes approximately 2,845 square feet of interior space configured for retail and office use. The space was formerly used as a GEICO office. It is designed to accommodate a range of tenant-specific buildouts, with allowance for improvements subject to qualification criteria, and is structured under a net lease model that includes additional NNN-type operating expenses.

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 · 2022

What does the county charge?
$57k
Tax billed · 2022
Assessed value · 2023$937k
Assessed land$420k
Assessed improvement$517k
Effective rate6.09%

Value estimate

· Nov 2026
$520k
$468k – $572k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$162/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$87 – $253
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CMU-2
CMU-2 Commercial Mixed Use - 2 CMU-3 Commercial Mixed Use - 3 CBD Central Business CMP-1 Campus Master Plan - 1 CMP-2 Campus Master Plan ...
General categoryMIXED_USE
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply19.5
Auto Parts Store16.4
HVAC Service14.3

Location

420 Germantown Pkwy Cordova, TN 38018-4387
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales Zoning catalog

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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1009 Germantown, Cordova, TN 38018-5895 $4,250,000 Feb 2026 14,204 SF
10 Timber Crk, Cordova, TN 38018-4231 $5,000,000 Sep 2024 17,005 SF
1010 Germantown, Cordova, TN 38018-5892 $4,100,000 Sep 2023 16,705 SF
584 Germantown, Cordova, TN 38018-5211 $3,325,000 Aug 2022 15,100 SF
8555 Macon, Cordova, TN 38018-6101 $1,057,000 May 2022 12,550 SF
465 Germantown, Cordova, TN 38018-6692 $5,673,597 Jul 2021 22,000 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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