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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Day care centers
509 Winchester Blvd Collierville, TN 38017-3376
Entity Owned
10-yr Hold
Free & Clear
Property ID
US80-2732321
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2009
Total area
8,170 SF
Lot
3.09 ac (134,426 SF)
Zoning code
GC
APN
C02-44Y- -B-00018-C
UPID
US80-2732321
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
-
The Goddard School of Collierville Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$654k
Blend (final)
Blend
$640k
Owner & transaction history
Nourishing Kid Potential LLC · 10 yrs held
Nourishing Kid Potential LLC
since 2015
4 recorded transactions
Zoning & alternative use
GC · Collierville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
icts 151.060 Statement of purpose 151.061 NC Neighborhood Commercial District 151.062 MPO Medical-Professional Office District 151.063 SCC Shopping Center Commercial District 151.064 CB Central Business District 151.065 GC General Commercial District Industrial Districts 151.075 Statement of purpose 151.076 RI - Restrictive Industrial District 151.077 GI - G…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
251.18 ac
Top alternative use upside
Auto repair, garage
$815,000
+90.4%
Retail stores
$735,000
+71.0%
Apartment house (5+ units)
$730,000
+70.0%
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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$430,000
Current use
AUTO REPAIR, GARAGE
$815,000
Change: +90% · Conversion: Difficult
RETAIL STORES
$735,000
Change: +71% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$730,000
Change: +70% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$725,000
Change: +69% · Conversion: Difficult
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$78 / 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
$55,881
Tax year 2022
Assessed value
$1,093,560
Assessed 2023
Previous assessed
$1,093,560
+0.0% YoY
Effective rate
5.11%
On assessed value
Assessed land
$313,160
Assessed improvement
$780,400
Land market value
$782,900
Improvement market value
$1,951,000
Total market value
$2,733,900
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2009
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
8,170 SF
Lot
3.09 ac (134,426 SF)
Zoning code
GC
APN
C02-44Y- -B-00018-C
UPID
US80-2732321
Jurisdiction
SHELBY
Zoning & alternative use
GC · Collierville, TNZoning GC · permitted uses
GC · Collierville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
icts 151.060 Statement of purpose 151.061 NC Neighborhood Commercial District 151.062 MPO Medical-Professional Office District 151.063 SCC Shopping Center Commercial District 151.064 CB Central Business District 151.065 GC General Commercial District Industrial Districts 151.075 Statement of purpose 151.076 RI - Restrictive Industrial District 151.077 GI - General Industrial District Flood Plain Zoning 151.090 Statutory authorization, fin
Zone name
General Commercial
General category
COMMERCIAL
Zone area
251.18 ac
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$430,000
AUTO REPAIR, GARAGE
Est. value
$815,000
RETAIL STORES
Est. value
$735,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$730,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$725,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE 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
2009
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
3.09 ac
Current owner
From public records · entity-resolved
Nourishing Kid Potential LLC
Entity
Free & Clear · 10 yrs held
Mailing address
509 WINCHESTER BLVD, COLLIERVILLE, TN 38017-3376
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2015
—
Nourishing Kid Potential LLC
Mattson,cathy J
Quit Claim Deed
related
—
Dec 8, 2011
—
Mattson,cathy J
Love For Learning LLC
Quit Claim Deed
related
—
Nov 5, 2009
$1,700,000
Love For Learning LLC
Rs Harris LLC
Trustees Deed
$2,185,000 · Conestoga Bk
—
—
Mattson,cathy J
—
Loan Modification
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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