9373 Macon Rd Cordova, TN 38016
- Manufacturing properties
- 45,980 SF
- 9.79 lot acres
Current Use by Public Records
- T & M Services Inc / Electrician
- Roto-Rooter Plumbing & Water Cleanup / Plumber / Contractor
Property Details for 9373 Macon Rd
- Year built
- 1967
- Lot size
- 9.79 lot acres
- Property size
- 45,980 SF
- Zone code
- IH
- Property type
- Manufacturing properties
- APN
- D02-15 - - -00109-C
- APU
- D021500109C
Description
This exceptional 47,999 square foot Class B industrial warehouse, located at 9373 Macon Rd in Cordova, Tennessee, presents a unique investment opportunity. Built in 1967 and situated within the Macon Road Industrial Park, this multi-tenant property offers twelve individual suites, ranging from a minimum of 276 square feet to a maximum contiguous space of 12,000 square feet. Currently, the entire 47,999 square feet is available for lease. The property is zoned for industrial use and benefits from its prime location in Cordova's thriving industrial district within Shelby County (zip code 38016). This versatile space is ideal for a variety of businesses seeking flexible and adaptable warehouse solutions. The building's age presents an opportunity for potential upgrades and customization to meet specific tenant needs. With its convenient location and ample space options, this property offers significant potential for growth and profitability. Interested parties should note the total building square footage and the range of available suite sizes to determine suitability for their operational requirements. The property's location within the established Macon Road Industrial Park provides easy access to major transportation routes and other essential business amenities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,740,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,070,000
- 6.5%
- $3,060,000
- 7%
- $3,140,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,345,000
- Geo Method
- $3,320,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,940,000
- Retail
- $2,870,000
- Mixed-Use
- $3,110,000
- Hospitality
- $3,720,000
- Educational
- $3,285,000
- Residential Income
- $3,015,000
- Energy
- $3,920,000
- Income-Based Land
- $3,170,000
- Food Service
- $2,895,000
Location Insight
- Map
- Local Demand
- City
- Cordova
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.7491
- Latitude
- 35.1631
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
