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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7124 Stage Rd Bartlett, TN 38133

    • Strip malls
    • 12,852 SF
    • 1.53 lot acres
    For Lease
    View listing
    Last Sale
    Mar 24, 2023
    $5,950,000
    Value Estimations
    $5,680,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-1901003
    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

    • Bikes Plus-Bartlett / (Bike/Boat/Book/etc) Store
    • Stage Coach Collection III / Shopping Center & Mall
    • Designer Cabinets / General Contractor / Renovation Specialist
    • Uncle Pookie BBQ / Restaurant
    • Chilcutt's Memphis Martial Arts / Training Center / Sports School

    Property Details for 7124 Stage Rd

    Year built
    2005
    Lot size
    1.53 lot acres
    Property size
    12,852 SF
    Zone code
    C-L
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    B01-57 - - -00915
    APU
    B015700915

    Description

    The StageCoach Collection offers a prime retail opportunity in Bartlett, Tennessee. This highly visible neighborhood center boasts a total of 48,200 square feet across three buildings situated on Stage Road. The property features ample parking, ensuring convenient access for customers. Currently, there are three individual suites available, each offering a minimum of 1,400 square feet of contiguous space. The maximum contiguous space available is also 1,400 square feet. The total vacant space within the center is 4,200 square feet, presenting a significant opportunity for expansion or new tenancy. Located in Shelby County, with a Bartlett address (7124 - 7174 Stage Rd, zip code 38133), this property benefits from high visibility and excellent accessibility. The property's location makes it an ideal choice for businesses seeking to establish a strong presence in a thriving community. The StageCoach Collection presents a unique opportunity to acquire a well-positioned retail space in a desirable Bartlett location. This is a multi-tenant property, offering flexibility for various retail concepts. The property's size and layout provide ample space for a variety of businesses. With its strategic location and ample parking, the StageCoach Collection is poised for continued success.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,395,000
      ML approach
      $5,425,000

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $3,960,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Bartlett
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8255
    Latitude
    35.2048
    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
    $19,581
    $154,960
    $422,640
    $577,600
    -
    $387,400
    $1,056,600
    $1,444,000

    Comparable in this City

    • Value Estimation
      $1,330,000
      12,954 SF

      8057 Us Hwy 64

      SHOPPING CENTER, STRIP CENTER • 12,954 SF
      8057 Us Hwy 64, Bartlett, TN 38133-4056
      View Details
    • Value Estimation
      $2,520,000
      27,489 SF

      7424 Us Hwy 64

      SHOPPING CENTER, STRIP CENTER • 27,489 SF
      7424 Us Hwy 64, Bartlett, TN 38133-3986
      View Details
    • Value Estimation
      $1,435,000
      13,900 SF

      7625 Us Hwy 64

      SHOPPING CENTER, STRIP CENTER • 13,900 SF
      7625 Us Hwy 64, Bartlett, TN 38133-4066
      View Details
    • Value Estimation
      $910,000
      36,112 SF

      7221 Stage Rd

      SHOPPING CENTER, STRIP CENTER • 36,112 SF
      7221 Stage Rd, Memphis, TN 38133-3926
      View Details
    • Value Estimation by Request
      6,102 SF

      8971 Us Hwy 64

      SHOPPING CENTER, STRIP CENTER • 6,102 SF
      8971 Us Hwy 64, Memphis, TN 38133
      View Details
    • Value Estimation by Request
      5,950 SF

      2240 Whitten Rd

      SHOPPING CENTER, STRIP CENTER • 5,950 SF
      2240 Whitten Rd, Memphis, TN 38133-6008
      View Details

    Similar Nearby for Sale

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      Retail Flex Building For Sale

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    Similar Nearby for Lease

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      Retail Space in Wolfchase Area

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      StageCoach Collection: Bartlett Retail

      Bartlett retail center, 3 suites available.
      7124 Stage Rd, Bartlett, TN 38133
      View Details
    • Contact for pricing
      1,400 SF

      Retail Suites in Stage Road Center

      Multiple 1,400 SF suites available in a vibrant shopping center.
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    • Contact for pricing

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      Retail spaces available in a high-traffic Memphis location.
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      View Details
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    7124 Stage Rd
    Bartlett, TN 38133
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    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
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