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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Office buildings
8520 Macon Rd, Cordova, TN 38018-7147
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1128902
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1991
Construction
FRAME
Total area
7,704 SF
Lot
0.61 ac (26,572 SF)
Zoning code
R-6
APN
091-011- - -00021
UPID
US80-1128902
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
-
Heck James DDS Dental Office
-
Hilal George DDS Dental Office
-
TurnkeyInvest.com Real Estate Agency
-
iBuyYourHouse.com Real Estate Agency
-
JamesWachob.com Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$615k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$692k
Blend (final)
Blend
$620k
Owner & transaction history
Sundial Investment Company LLC · 4 yrs held
Sundial Investment Company LLC
since 2022
Last sale
$600,000
4 recorded transactions
Zoning & alternative use
R-6 · 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
$650,000
ML approach
$615,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$845,000
Current use
AUTO REPAIR, GARAGE
$770,000
Change: -9% · Conversion: Difficult
RETAIL STORES
$690,000
Change: -18% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$690,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $600k (Jan 6 2022)
Last sale anchor
$600k
Jan 6 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
$80 / 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
$13,475
Tax year 2022
Assessed value
$221,200
Assessed 2023
Previous assessed
$221,200
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$46,840
Assessed improvement
$174,360
Land market value
$117,100
Improvement market value
$435,900
Total market value
$553,000
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
Off-Market
Year built
1991
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
7,704 SF
Lot
0.61 ac (26,572 SF)
Zoning code
R-6
APN
091-011- - -00021
UPID
US80-1128902
Jurisdiction
SHELBY
Zoning & alternative use
R-6 · Cordova, TN
Zoning R-6 · permitted uses
R-6 · 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
$845,000
AUTO REPAIR, GARAGE
Est. value
$770,000
RETAIL STORES
Est. value
$690,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$690,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1991
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Sundial Investment Company LLC
Entity
Mailing address
PO BOX 770014, MEMPHIS, TN 38177-0014
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2022
$600,000
Sundial Investment Company LLC
Lc Properties
Warranty Deed
$480,000 · Sycamore Bank
Dec 7, 2018
—
Lc Properties
Lc Properties
Quit Claim Deed
related
—
Sep 11, 2017
—
Lc Properties
Lc Properties
Quit Claim Deed
related
—
Jan 12, 2002
$580,000
Lc Properties
Cordova Color Corp
Grant Deed
$493,000 · Trust One 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.
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