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    Property profile & analytics

    8504 Macon Rd Cordova, TN 38018-6100

    • Retail space
    • 4,980 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    $485,000
    Last Sale
    Aug 27, 2024
    $500,000
    Location Intelligence
    Property ID
    US80-0932559
    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.

    Current Use by Public Records

    • Walter Granville Allen House / Heritage Building
    • Your Happy Place Massage / Massage Therapist
    • Pastille Salon and Spa / Massage Therapist / Acupuncturist
    • www.gracefullyembracedcorp.org / Non-Profit Organization / Service Establishment

    Property Details for 8504 Macon Rd

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.49 lot acres
    Property size
    4,980 SF
    Zone code
    R-6
    Property type
    Retail space
    APN
    091-011- - -00007
    APU
    9101100007

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $500,000

    • CAP approach

      CAP return
      Estimation
      6%
      $495,000
      6.5%
      $505,000
      7%
      $525,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $440,000
      Geo Method
      $440,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $395,000
      Mixed-Use
      $465,000
      Hospitality
      $380,000
      Educational
      $510,000
      Residential Income
      $480,000
      Energy
      $490,000
      Income-Based Land
      $520,000
      Food Service
      $390,000

    Location Insight

    • Map
    • Local Demand
    City
    Cordova
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.7794
    Latitude
    35.1563
    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
    $7,615
    $42,680
    $82,320
    $125,000
    -
    $106,700
    $205,800
    $312,500

    Comparable in this City

    • Value Estimation by Request
      28,130 SF

      8130 Macon Sta At Cordova Sta

      Individual retail properties • 28,130 SF
      8130 Macon Sta At Cordova Sta, Memphis, TN 38018
      View Details
    • Value Estimation by Request
      35,767 SF

      590 Germantown Pkwy

      Individual retail properties • 35,767 SF
      590 Germantown Pkwy, Memphis, TN 38018
      View Details
    • Value Estimation
      $600,000
      6,656 SF

      761 Walnut Knl Ln

      RETAIL STORES (PERSONAL SERVICES) • 6,656 SF
      761 Walnut Knl Ln, Cordova, TN 38018-6410
      View Details
    • Value Estimation by Request
      13,146 SF

      786 Germantown Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 13,146 SF
      786 Germantown Pkwy, Cordova, TN 38018-6212
      View Details
    • Value Estimation
      $3,635,000
      15,406 SF

      9028 Walnut Grv Rd

      RETAIL STORES (PERSONAL SERVICES) • 15,406 SF
      9028 Walnut Grv Rd, Cordova, TN 38018-7469
      View Details
    • Value Estimation
      $95,000
      8,736 SF

      8567 Macon Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,736 SF
      8567 Macon Rd, Cordova, TN 38018-6102
      View Details

    Similar Nearby for Sale

    • $700,000
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    Similar Nearby for Lease

    • Contact for pricing
      28,130 SF

      Memphis Retail & Office Space

      Prime Cordova location, two suites available
      8130 Macon Sta At Cordova Sta, Memphis, TN 38018
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    • Contact for pricing
      1,463 SF

      Retail Space in Cordova, TN

      Retail space available for lease in Cordova, Tennessee.
      750 N Germantown Pkwy, Cordova, TN 38018
      View Details
    • Contact for pricing
      3,636 SF

      Retail Space in Cordova

      Retail space available for rent in Cordova, Tennessee.
      8100 Macon Station Dr, Cordova, TN 38018
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    • Contact for pricing
      2,800 SF

      Cordova Retail Space Available

      Retail space for lease in Cordova, Tennessee.
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    • Contact for pricing
      7,500 SF

      Retail Space on Germantown Parkway

      Retail space available on a busy thoroughfare in Cordova.
      584 N Germantown Pkwy, Cordova, TN 38018
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space on Germantown Parkway

      Retail space available at N Germantown Parkway and Macon Rd.
      1010-1034 N Germantown Pkwy, Cordova, TN 38018
      View Details
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    8504 Macon Rd
    Cordova, TN 38018-6100
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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