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Property profile & analytics
FOR LEASE
Manufacturing properties

9373 Macon Rd Cordova, TN 38016

45,980 SF 9.79 ac lot Built 1967
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US80-3230551
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Manufacturing properties
Use group MILL (FEED, GRAIN, LUMBER, TEXTILE)
Year built 1967
Total area 45,980 SF
Lot 9.79 ac (426,452 SF)
Zoning code IH
APN D02-15 - - -00109-C
UPID US80-3230551
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
  • T & M Services Inc Electrical Service General Contractor
  • Roto-Rooter Plumbing & Water Cleanup Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.88M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.06M
Owner & transaction history
Macon Road Industrial Park LLC · 4 yrs held
Macon Road Industrial Park LLC
since 2022
Last sale
$3.3M
5 recorded transactions
2022
$3.3M
2014
Price N/A
2014
$1.5M
2008
$650,000
1969
Price N/A
Zoning & alternative use
IH · Cordova, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $4.6M +149.7%
Retail stores $4.1M +124.2%
Apartment house (5+ units) $4.1M +122.9%
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More about this property
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