Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5905 Stage Rd Bartlett, TN 38134-4521

    • Medical Office Space
    • 4,304 SF
    • 2.26 lot acres
    OFF-MARKET
    Last Sale
    Oct 28, 2024
    $359,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-0956767
    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

    • Paula Navales Sayson / Physician
    • OnPointe Care / Medical Clinic
    • Claire Ellender / Pediatrician / Physician
    • Jaclyn Moss / Pediatrician / Physician

    Property Details for 5905 Stage Rd

    Year built
    2020
    Construction
    FRAME
    Lot size
    2.26 lot acres
    Property size
    4,304 SF
    Zone code
    CG-MS
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    B01-56 - - -00560-C
    APU
    B015600560C

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Bartlett
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8667
    Latitude
    35.2039
    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
    2022
    $11,489
    $106,120
    $232,800
    $338,920
    -
    $265,300
    $582,000
    $847,300

    Comparable in this City

    • Value Estimation
      $6,830,000
      64,294 SF

      5865 Shelby Oaks Cir

      MEDICAL BUILDING • 64,294 SF
      5865 Shelby Oaks Cir, Memphis, TN 38134-7329
      View Details
    • Value Estimation
      $625,000
      4,298 SF

      3105 Kirby Whitten Rd

      MEDICAL BUILDING • 4,298 SF
      3105 Kirby Whitten Rd, Bartlett, TN 38134-2822
      View Details
    • Value Estimation by Request
      5,145 SF

      6575 Stage Rd

      MEDICAL BUILDING • 5,145 SF
      6575 Stage Rd, Bartlett, TN 38134-3809
      View Details
    • Value Estimation
      $600,000
      6,060 SF

      6500 Stage Rd

      MEDICAL BUILDING • 6,060 SF
      6500 Stage Rd, Bartlett, TN 38134-2882
      View Details
    • Value Estimation
      $1,875,000
      54,812 SF

      6570 Stage Rd

      MEDICAL BUILDING • 54,812 SF
      6570 Stage Rd, Bartlett, TN 38134-2839
      View Details
    • Value Estimation by Request
      1,296 SF

      2857 Whitten Rd

      MEDICAL BUILDING • 1,296 SF
      2857 Whitten Rd, Bartlett, TN 38134-4754
      View Details

    Similar Nearby for Sale

    • $1,750,000
      11,300 SF

      Bartlett Office Building - Investment Opportunity

      11,300 SF Office Building, 5-Year Lease, High Traffic Area
      6605 Stage Rd, Bartlett, TN 38134
      View Details
    • $3,600,000
      36,550 SF

      Bartlett Medical Office Building

      36,550 SF Medical Office, $3.6M
      6570 Stage Rd, Bartlett, TN 38134
      View Details
    • Contact for pricing
      4,500 SF

      Memphis Office Building For Sale

      Office building in Northeast Memphis with easy highway access.
      6634 Summer Knoll Cir, Memphis, TN 38134
      View Details
    • Contact for pricing
      3,350 SF

      Memphis Commercial Office and Medical Building

      Office and medical building with suites available for lease.
      5158 Stage Ave, Memphis, TN 38134
      View Details
    • Contact for pricing

      Four Acre Flex Use Property

      Office, warehouse, and covered parking on four acres.
      1814 Thomas Rd, Memphis, TN 38134
      View Details
    • $350,000

      Office Space in Old Bartlett

      3,262 SF office space for sale in Bartlett.
      2857 Shelby St, Bartlett, TN 38134
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      11,300 SF

      Bartlett Medical Office Space for Lease

      Prime Bartlett location, 5,650 SF available.
      6605 Stage Rd, Bartlett, TN 38134
      View Details
    • $120 SF/Yr
      12,950 SF

      Bartlett Office Space for Lease

      12,950 SF Office Building, Multiple Suites Available
      6001 Bartlett Center Dr, Bartlett, TN 38134
      View Details
    • $12 SF/Yr
      36,550 SF

      Bartlett Office Building For Sale/Lease

      Prime Bartlett medical/office space. Multiple suites available.
      6570 Stage Rd, Bartlett, TN 38134
      View Details
    • $12 SF/Yr
      3,300 SF

      Freestanding Medical Office Building

      Medical office building with two suites available for lease.
      2785 Summer Oaks Dr, Bartlett, TN 38134
      View Details
    • Contact for pricing

      Bartlett Medical Space Available

      Medical space for lease in multi-tenant building, Bartlett, Tennessee.
      3025 Kirby Whitten Rd, Bartlett, TN 38134
      View Details
    • $12 SF/Yr
      2,965 SF

      Shelby Oaks Office Space Available

      Office spaces ranging from 2,706 to 4,780 SF for rent.
      5796 Shelby Oaks Cir, Memphis, TN 38134
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5905 Stage Rd
    Bartlett, TN 38134-4521
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!