Property profile

505 Germantown Pkwy Cordova, TN 38018

OFF-MARKET
Turn key restaurants
Property ID
US80-1552316
6,334 SF 1.72 ac lot Built 2003
Individually Owned 21-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2003
Construction FRAME
Total area 6,334 SF
Lot 1.72 ac (74,923 SF)
Zoning code EMP
APN 091-080- -B-00001
UPID US80-1552316

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

505 Germantown Pkwy Cordova, TN 38018-6209
Cordova metro Census 21125 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$475k

Owner & transaction history

since 2004
4 recorded transactions
2004
Price N/A
2004
$671,869
2004
Price N/A
2003
$1.3M

Zoning & alternative use

EMP · Cordova, TN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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