Financial
Distress signals
Property profile

8700 Trail Lake Dr Memphis, TN 38125

FOR LEASE
Office buildings
Property ID
US80-1589607
60,006 SF 3.94 ac lot Built 2002
Last sale Dec 2025 · $6,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This Class A office building, located at 8700 Trail Lake Dr W in Memphis, Tennessee, offers a diverse range of office spaces to suit various business needs. The property boasts a total of 54,651 square feet, currently entirely vacant and available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 1,150 square feet to a maximum contiguous space of 25,278 square feet. The building is categorized as a Creative Office, Traditional Office, Executive Office,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$145k
Tax billed · 2022
Assessed value · 2023$2.39M
Assessed land$686k
Assessed improvement$1.70M
Effective rate6.09%

Value estimate

· Sep 2026
$4.82M
$4.33M – $5.30M
Submarket $/SF estimate$2.94M
NOI build-up
Gross scheduled income$102k
Vacancy & credit loss−$16k
Operating expenses−$21k
NOI · 457,000.00% cap applied$64k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$119/SF
Submarket average, outlier-cleaned · 520 recorded sales of this use type
Observed band · Q1–Q3$63 – $194
Qualifying comparables3

Cap rate analysis

How does the asset earn?
457,000.00%
$64k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CA
The CA District is intended to conserve agricultural land and undeveloped natural amenities while preventing the encroachment of incompat...
General categoryAGRICULTURAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant14.3
Auto Repair Shop12.9
Spa & Massage12.2

Location

8700 Trail Lake Dr Memphis, TN 38125
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3495 Hacks Cross, Memphis, TN 38125-8803 $27,900,000 Jul 2025 113,990 SF
3251 Players Clb, Memphis, TN 38125-8845 $3,000,000 Apr 2024 61,267 SF
3860 Frst Hl Irene, Memphis, TN 38125-2586 $11,100,000 Apr 2024 75,171 SF
3180 Players, Memphis, TN 38125-8883 $6,914,634 Dec 2021 35,018 SF
8150 Sedgwick, Memphis, TN 38125-1058 $3,750,000 Oct 2021 61,418 SF
3742 Tyndale, Memphis, TN 38125-8521 $12,500,000 May 2019 76,328 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message