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    Property profile & analytics
    OFF-MARKET Estimated value $3,840,000
    Office buildings

    7101 Goodlett Farms Pkwy, Cordova, TN 38016-4909

    89,715 SF 8.84 ac lot Built 1997
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US80-1986358
    Property summary
    AI-generated overview

    This exceptional 89,715-square-foot executive office building presents a unique investment opportunity in Memphis, Tennessee. Situated on a sprawling 350-acre lot at 7101 Goodlett Farms Pkwy, Cordova, zip code 38016, this single-tenant property offers unparalleled flexibility. Constructed in 1997, the building boasts a single story design, providing convenient and efficient use of space. The property is classified as Class C and is currently entirely vacant, presenting a blank canvas for a discerning tenant or investor. Its expansive footprint allows for a variety of configurations to suit diverse business needs. Located in Shelby County, this property benefits from excellent accessibility and visibility. The substantial lot size offers ample room for expansion or future development, adding significant long-term value. This is a rare opportunity to acquire a large, single-tenant office building in a prime Memphis location, ready for immediate occupancy or redevelopment. The property's size and location make it ideal for a variety of uses, from corporate headquarters to a large-scale office campus. The 1997 construction date provides a solid foundation for a long-term investment, while the vacant status allows for complete customization to meet specific requirements. Don't miss this chance to secure a significant commercial property in a thriving Memphis market.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1997
    Total area 89,715 SF
    Lot 8.84 ac (385,245 SF)
    Zoning code R-6
    APN D02-07 - - -00284
    UPID US80-1986358
    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
    • FedEx Drop Box Postal Service Courier Service
    • Bioventus MOC Industrial Manufacturer Production Facility
    • Bioventus Memphis Production Facility Factory
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.65M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.12M
    Blend (final) Blend
    $3.84M
    Owner & transaction history
    7101 Goodlett Farms Parkway LLC · 5 yrs held
    7101 Goodlett Farms Parkway LLC
    since 2021
    Last sale
    $3.4M
    1 recorded transaction
    2021
    $3.4M
    Zoning & alternative use
    R-6 · Cordova, TN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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