Property profile

7630 Poplar Ave Germantown, TN 38138

OFF-MARKET
Banks
Property ID
US80-1742940
23,386 SF 1.99 ac lot Built 1976
Entity Owned Free & Clear
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Property summary

AI-generated overview

The property consists of a proposed retail outparcel building planned for approximately 4,200 square feet of retail space. It is designed to provide multiple customer entrances, with six access points to the shopping center. The outparcel is situated in a retail area anchored by established tenants including TJ Maxx, DSW, Old Navy, Ulta, Five Below, and AutoZone. Surrounding retailers in the area include Kroger, Whole Foods, Hobby Lobby, Walgreens, and The Shops of Saddle Creek, which includes tenants such as an Apple Store, Brooks Brothers, and Michael Kors. The site is positioned along Poplar Avenue, where traffic counts are reported at 47,333 AADT.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1976
Total area 23,386 SF
Lot 1.99 ac (86,859 SF)
Zoning code C-2
APN G02-31 - - -00027
UPID US80-1742940

Cap rate & NOI

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

Location

7630 Poplar Ave Germantown, TN 38138
Germantown metro Census 21351 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$1.40M

Owner & transaction history

Zoning & alternative use

C-2 · Germantown, TN
Zoning description

rict (R low density) Residential district (R-3 two-family density) Residential district (R-T multifamily) Residential district (R-H retirement housing) Neighborhood commercial district (C-1) General commercial district (…

General category COMMERCIAL

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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