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Property profile & analytics
FOR LEASE
Office buildings
8134 Country Village Dr, Cordova, TN 38016
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-3372878
For Lease
1 / 2
$690,000
8134 Country Village Dr, Cordova, TN 38016
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Total area
5,907 SF
Lot
0.71 ac (30,884 SF)
Zoning code
RU-3
APN
096-900- - -00565
UPID
US80-3372878
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
-
Cordova Psychological Associates: Leite John S PHD Physician Medical Clinic
-
Russell L. Bolyard, PSYD Physician Medical Clinic
-
Marlyna E. Rice, LCSW Foster Care Service Social Service Agency
-
Barbara T. Henking, PHD Physician Medical Clinic
-
Dr. John T. Black, MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$690k
CAP Approach
CAP
$955k
Comparable Approach
Comparable
$708k
Blend (final)
Blend
$690k
Owner & transaction history
Lk&l LLC · 3 yrs held
Lk&l LLC
since 2022
Last sale
$685,000
7 recorded transactions
Zoning & alternative use
RU-3 · Cordova, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$960,000
+42.1%
Medical building
$875,000
+29.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cordova submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cordova submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$740,000
ML approach
$690,000
CAP Approach
CAP Return
Estimation
6%
$1,030,000
6.5%
$955,000
7%
$885,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$675,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$960,000
Change: +42% · Conversion: Difficult
MEDICAL BUILDING
$875,000
Change: +30% · Conversion: Easy
AUTO REPAIR, GARAGE
$590,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$690k
Range $621k – $759k · ±10% · vs last sale $685k (Sep 19 2022)
Last sale anchor
$685k
Sep 19 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$117 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$11,886
Tax year 2022
Assessed value
$195,120
Assessed 2023
Previous assessed
$195,120
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$68,000
Assessed improvement
$127,120
Land market value
$170,000
Improvement market value
$317,800
Total market value
$487,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1999
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
5,907 SF
Lot
0.71 ac (30,884 SF)
Zoning code
RU-3
APN
096-900- - -00565
UPID
US80-3372878
Jurisdiction
SHELBY
Zoning & alternative use
RU-3 · Cordova, TN
Zoning RU-3 · permitted uses
RU-3 · Cordova, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cordova. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$675,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$960,000
MEDICAL BUILDING
Est. value
$875,000
AUTO REPAIR, GARAGE
Est. value
$590,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Lk&l LLC
Entity
Mailing address
1774 ENCLAVE GRN CV, GERMANTOWN, TN 38139-5715
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2022
$685,000
Lk&l LLC
John Hadley
Warranty Deed
$538,250 · Cadence Bank NA
Mar 27, 2007
$2,400,000
John Hadley
Union Partners
Grant Deed
$1,987,000 · Trustmark National Bank
May 19, 2005
$287,500
Mark Matthews Dev LLC
Denley,robert J & Revonda F
Warranty Deed
$287,500 · Trust One Bank
May 19, 2005
$172,500
Mark Matthews Dev
Denley,robert J & Revonda F
Warranty Deed
$155,250 · Regions Bank
May 19, 2005
$115,000
Mark Matthews Dev LLC
Denley,robert J & Revonda F
Warranty Deed
$115,000 · Bancorp South Bank
Apr 13, 2005
$460,000
Mark Matthews Dev LLC
Denley,robert J & Revonda F
Warranty Deed
$2,373,600 · Paragon National Bank
—
—
Partners Union
—
Deed Of Trust
related
$620,500 · Renasant Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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