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7865 Trinity Rd Cordova, TN 38018-2273

OFF-MARKET Strip malls Google Maps
13,826 SF 1.53 ac lot Built 1999
Individually Owned 9-yr Hold ~ Est. High Equity
Estimated value (blended)
$1.36M
Range $1.22M – $1.49M (±10%)
Property ID US80-1957546

Property summary

AI-generated overview

This exceptional retail space, located at 7865 Trinity Road in Memphis, Tennessee, presents a fantastic opportunity for a discerning business. The property is a 1,200 square foot end-cap unit within a multi-tenant building in Shelby County, offering excellent visibility and accessibility. The location boasts convenient, dedicated off-street parking, a significant advantage for customers and employees. Its strategic placement adjacent to a Walmart Supercenter, Shelby Farms Park, and upscale apartment complexes ensures high foot traffic and a strong customer base. The property's proximity to Germantown Parkway (one block west) further enhances its accessibility and visibility, making it an ideal location for a variety of retail businesses, particularly those catering to a diverse clientele. The space is currently available for lease and is classified as a salon or general retail space. This property offers a unique blend of convenience, visibility, and proximity to key amenities, making it an exceptional investment opportunity in a thriving Memphis neighborhood. The zip code is 38018. This is a multi-tenant building, providing a collaborative and vibrant business environment. Serious inquiries are encouraged to explore this promising retail space.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1999
Total area 13,826 SF
Lot 1.53 ac (66,647 SF)
Zoning code IH
APN 091-080- -A-00026
UPID US80-1957546

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
  • Physician
  • Medical Clinic
  • (Bike/Boat/Book/etc) Store Printing Service
  • (Bike/Boat/Book/etc) Store Florist
  • Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.36M

Owner & transaction history

since 2016
2 recorded transactions
2016
Price N/A
1969
Price N/A

Zoning & alternative use

IH · Cordova, TN

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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