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    8341 Macon Ter Cordova, TN 38018
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    Property profile & analytics

    8341 Macon Ter, Cordova, TN 38018

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    • Apartment buildings
    • 182,664 SF
    • 17.29 lot acres
    Off-Market
    Last Sale Oct 1, 2020
    $14,157,500
    Property ID
    US80-0782031
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $11,260,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 8341 Macon Ter

    Year built
    2003
    Lot size
    17.29 lot acres
    Zone code
    RU-2
    Property type
    Apartment buildings
    APN
    091-010- - -00001
    APU
    9101000001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 1, 2020 — Memph Cordova LLC Memphis Villas LLC Quit Claim Deed · related $23.7M · Berkadia Com'l Mtg
    Sep 22, 2020 $31,500,000 Memph Cordova LLC Memphis Villas LLC Grant Deed · related —
    Apr 18, 2012 $19,267,500 Memphis Villas LLC Gecmc 2006-c1 Prestine Loop Ll Deed Of Trust · related $15.7M · Key Bank & Trust
    Jul 19, 2011 $14,157,500 Gecmc 2006-c1 Prestine Loop Ll Quinn,harris P Trustees Deed —
    Mar 2, 2005 — Empirian Cordova LLC Cordova Associates LLC Quit Claim Deed · related $57M · Merrill Lynch Mortgage Lending
    Mar 2, 2005 $22,817,696 Empirian Cordova LLC Cordova Associates LLC Grant Deed · related —
    Aug 13, 2004 — Cordova Associates LLC — Deed Of Trust · related $15.5M · Primary Capital Advisors Lc
    Dec 26, 2001 — Cordova Associates LLC Udr Of Tennessee LP Grant Deed $930k · First Tennessee Bank National
    Oct 5, 1998 $1,750,000 Udr Williamsburg LP Gill,raymond B Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $11,460,000
      ML approach
      $8,365,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $8,154,000
      Market price range: $8.15M - $30.3M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $16,310,000
      Current use
      AUTO REPAIR, GARAGE
      $18,270,000
      Change: +12% Conversion: Difficult
      RETAIL STORES
      $16,410,000
      Change: +1% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Cordova
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.783
    Latitude
    35.1549
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $663,587
    $1,138,720
    $9,754,680
    $10,893,400
    -
    $2,846,800
    $24,386,700
    $27,233,500
    More about this property
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