Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Office Spaces
820 Herbert Rd Cordova, TN 38018-2277
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-1780734
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2000
Total area
1,986 SF
Lot
0.05 ac (2,004 SF)
Zoning code
IH
APN
091-032- -B-00001-C
UPID
US80-1780734
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
-
Donan Engineering Engineer
-
Railcom Electronics & Wireless Store
-
Analog Emporium/Gem Dandy Products Electronics & Wireless Store
-
Mid-South Security Group Security Service
-
Inis Acla School of Irish Dance Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$570k
Owner & transaction history
Seven Investments LLC Series 11 · 3 yrs held
Seven Investments LLC Series 11
since 2023
Last sale
$690,000
5 recorded transactions
Zoning & alternative use
IH · Cordova, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$565,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $690k (Apr 19 2021)
Last sale anchor
$690k
Apr 19 2021
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
$287 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,734
Tax year 2023
Assessed value
$77,720
Assessed 2024
Previous assessed
$77,720
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$9,440
Assessed improvement
$68,280
Land market value
$23,600
Improvement market value
$170,700
Total market value
$194,300
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2000
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
1,986 SF
Lot
0.05 ac (2,004 SF)
Zoning code
IH
APN
091-032- -B-00001-C
UPID
US80-1780734
Jurisdiction
SHELBY
Zoning & alternative use
IH · Cordova, TN
Zoning IH · permitted uses
IH · 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.
Building & site characteristics
From public records
Year built
2000
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Seven Investments LLC Series 11
Entity
Mailing address
9160 US HWY 64TH STE #12, ARLINGTON, TN 38002-8094
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2023
$180,000
Seven Investments LLC Series 11
George Earnest Merrill
Special Warranty Deed
$144,000 · First Citizens National Bank
Feb 16, 2023
—
Seven Investments LLC
Choates Air Conditioning And Heatin
Correction Deed
related
—
Apr 19, 2021
$170,000
Choate S Air Conditioning & Heating
Mary Peg Mcginty
Warranty Deed
—
Dec 21, 2016
—
Choates Air Conditioning & He
—
Deed
related
$132,316 · Iberiabank
Jun 19, 2007
—
Mary Sweeney
Sweeney,paraic
Quit Claim Deed
related
—
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?”
You own 820 Herbert Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
