Property profile

763 Walnut Knoll Ln Cordova, TN 38018

FOR LEASE
Office buildings
Property ID
US80-1384353
9,920 SF 0.71 ac lot Built 1987
Individually Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Total area 9,920 SF
Lot 0.71 ac (30,971 SF)
Zoning code RU-3
APN 091-034- - -00012
UPID US80-1384353

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Financial Advisor Insurance Agency
  • Law Firm
  • Dental Office
  • Dental Office
  • Dental Office

Location

763 Walnut Knoll Ln Cordova, TN 38018
Cordova metro Census 21143 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$975k
CAP Approach CAP
by Request
Comparable Approach Comparable
$891k
Blend (final) Blend
$975k

Owner & transaction history

since 2019
Last sale
$975,000
7 recorded transactions
2019
$131,364
2004
Price N/A
2002
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RU-3 · Cordova, TN
Top alternative use upside
Neighborhood: shopping center $1.6M +48.0%
Medical building $1.5M +34.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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