Financial
Distress signals
Property profile

6115 Stage Rd Bartlett, TN 38134

FOR LEASE
Strip malls
Property ID
US80-0498256
5,631 SF 0.59 ac lot Built 1988
Last sale Oct 2010 · $465,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 6115 Stage Road in Bartlett, Tennessee, the property is a 5,600-square-foot retail center. The site is positioned on a hard corner of Stage Center Drive and Stage Road, providing frontage on both roads. The building is configured to serve two retail tenants, occupying 100% of the available space, including a separate 1,500-square-foot unit. The property structure includes a net lease arrangement consistent with NNN-style responsibilities and features a long-term tenant commitment history, with provisions for periodic rent adjustments and escalations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$9k
Tax billed · 2022
Assessed value · 2023$265k
Assessed land$77k
Assessed improvement$188k
Effective rate3.39%

Value estimate

· Sep 2026
$220k
$198k – $242k
Submarket $/SF estimate$604k
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$1k
Operating expenses−$6k
NOI · 81,315.22% cap applied$15k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$73/SF
Submarket average, outlier-cleaned · 210 recorded sales of this use type
Observed band · Q1–Q3$32 – $133
Qualifying comparables5

Cap rate analysis

How does the asset earn?
81,315.22%
$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CG-MS
The intent of this district is to promote the business opportunities
General categoryCOMMERCIAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store10.0
Laundry Service9.6
Cafe & Coffee Shop8.7

Location

6115 Stage Rd Bartlett, TN 38134
County assessor Recorded deeds · 2 transfers 5 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3025 Kirby Whitten, Bartlett, TN 38134-2868 $925,000 Nov 2025 6,520 SF
6349 Summer, Bartlett, TN 38134-5980 $650,000 Mar 2025 5,500 SF
5508 Summer, Memphis, TN 38134-7217 $200,000 Dec 2023 5,430 SF
5782 Stage, Bartlett, TN 38134-4518 $400,000 Nov 2023 4,367 SF
5520 Summer, Memphis, TN 38134-7213 $615,000 Mar 2023 6,060 SF
5877 Summer, Memphis, TN 38134-6719 $350,000 Feb 2021 7,114 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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