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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Warehouses
458 Distribution Pkwy Collierville, TN 38017-2945
Entity Owned
2-yr Hold
Free & Clear
Property ID
US80-2001917
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1988
Total area
7,957 SF
Lot
0.27 ac (11,631 SF)
Zoning code
RI
APN
C02-44B- -A-00015
UPID
US80-2001917
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
G7 Environmental Services, Inc. Environmental Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$513k
Blend (final)
Blend
$505k
Owner & transaction history
Jolly Realty LLC · 2 yrs held
Jolly Realty LLC
since 2024
3 recorded transactions
Zoning & alternative use
RI · Collierville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$795,000
+47.4%
Retail stores
$715,000
+32.4%
Apartment house (5+ units)
$710,000
+31.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Collierville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Collierville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$540,000
Current use
AUTO REPAIR, GARAGE
$795,000
Change: +47% · Conversion: Easy
RETAIL STORES
$715,000
Change: +32% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$710,000
Change: +32% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$710,000
Change: +31% · Conversion: Moderate
Blend value · Realmo final
$505k
Range $455k – $556k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$63 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$7,730
Tax year 2022
Assessed value
$151,280
Assessed 2023
Previous assessed
$151,280
+0.0% YoY
Effective rate
5.11%
On assessed value
Assessed land
$18,680
Assessed improvement
$132,600
Land market value
$46,700
Improvement market value
$331,500
Total market value
$378,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
7,957 SF
Lot
0.27 ac (11,631 SF)
Zoning code
RI
APN
C02-44B- -A-00015
UPID
US80-2001917
Jurisdiction
SHELBY
Zoning & alternative use
RI · Collierville, TN
Zoning RI · permitted uses
RI · Collierville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Collierville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$540,000
AUTO REPAIR, GARAGE
Est. value
$795,000
RETAIL STORES
Est. value
$715,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$710,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$710,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Jolly Realty LLC
Entity
Free & Clear · 2 yrs held
Mailing address
711 CHANEY CV, COLLIERVILLE, TN 38017-2993
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2024
—
Jolly Realty LLC
Jolly Roofing And Contracting Co In
Quit Claim Deed
related
—
Aug 24, 2016
$310,000
Jolly Roofing & Contracting Co
Kuntzman,arthur L III
Warranty Deed
—
Nov 10, 2014
—
Arthur L Kuntzman III
Kuntzman,rebecca B
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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