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Property profile & analytics
OFF-MARKET
Estimated value
$8,065,000
Manufacturing properties
670 Progress Rd Collierville, TN 38017-2773
Entity Owned
Free & Clear
Property ID
US80-2988070
Property profile
Verified
Property type
Manufacturing properties
Use group
FACTORY (MANUFACTURING)
Year built
2007
Total area
111,730 SF
Lot
10.83 ac (471,755 SF)
Zoning code
RI
APN
C02-45 - - -00355-C
UPID
US80-2988070
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
-
CCL Label - Specialty & Promotions (Bike/Boat/Book/etc) Store Printing Service
-
Siegwerk Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.80M
Comparable Approach
Comparable
$8.47M
Blend (final)
Blend
$8.07M
Owner & transaction history
CCL LABEL INC
CCL LABEL INC
Zoning & alternative use
RI · Collierville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$11.2M
+149.7%
Retail stores
$10.0M
+124.2%
Apartment house (5+ units)
$10.0M
+122.9%
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%
$11,700,000
6.5%
$10,800,000
7%
$10,025,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$11,175,000
Change: +150% · Conversion: Easy
RETAIL STORES
$10,035,000
Change: +124% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$9,975,000
Change: +123% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$9,945,000
Change: +122% · Conversion: Difficult
Blend value · Realmo final
$8.07M
Range $7.26M – $8.87M · ±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
$72 / 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
$166,559
Tax year 2022
Assessed value
$3,259,480
Assessed 2023
Previous assessed
$3,259,480
+0.0% YoY
Effective rate
5.11%
On assessed value
Assessed land
$419,320
Assessed improvement
$2,840,160
Land market value
$1,048,300
Improvement market value
$7,100,400
Total market value
$8,148,700
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
Manufacturing properties
Use group
FACTORY (MANUFACTURING)
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
111,730 SF
Lot
10.83 ac (471,755 SF)
Zoning code
RI
APN
C02-45 - - -00355-C
UPID
US80-2988070
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
AUTO REPAIR, GARAGE
Est. value
$11.2M
RETAIL STORES
Est. value
$10.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.9M
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
2007
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
10.83 ac
Current owner
From public records · entity-resolved
CCL LABEL INC
Entity
Free & Clear · 0 yrs held
Mailing address
670 PROGRESS RD, COLLIERVILLE, TN 38017-2773
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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