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Property profile & analytics
OFF-MARKET
Estimated value
$1,265,000
Strip malls
940 Collierville Arlington Rd Collierville, TN 38017-8100
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-1609297
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1996
Total area
11,874 SF
Lot
1.77 ac (77,145 SF)
Zoning code
SCC
APN
C02-34 - - -00062
UPID
US80-1609297
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
-
Dr. Tommy Whited, DDS, MS Dental Office
-
Ginny Mount School of Dance Training Center
-
Headlines Hair Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.27M
Owner & transaction history
Porch Tree LLC · 1 yrs held
Porch Tree LLC
since 2025
Last sale
$970,000
2 recorded transactions
Zoning & alternative use
SCC · Collierville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
9 TN Traditional Neighborhood District 151.050 MU Mixed Use District Commercial Districts 151.060 Statement of purpose 151.061 NC Neighborhood Commercial District 151.062 MPO Medical-Professional Office District 151.063 SCC Shopping Center Commercial District 151.064 CB Central Business District 151.065 GC General Commercial District Industrial Districts 151…
Zone name
Shopping Center Commercial
General category
COMMERCIAL
Zone area
889.71 ac
Top alternative use upside
Medical building
$1.8M
+66.3%
Office building
$1.7M
+63.5%
Auto repair, garage
$1.2M
+12.4%
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 Collierville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Collierville 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,055,000
Current use
MEDICAL BUILDING
$1,755,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$1,725,000
Change: +63% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,190,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$1,065,000
Change: +1% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,060,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$1.27M
Range $1.14M – $1.39M · ±10% · vs last sale $970k (Dec 14 2024)
Last sale anchor
$970k
Dec 14 2024
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
$107 / 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
$25,342
Tax year 2022
Assessed value
$495,920
Assessed 2023
Previous assessed
$495,920
+0.0% YoY
Effective rate
5.11%
On assessed value
Assessed land
$92,640
Assessed improvement
$403,280
Land market value
$231,600
Improvement market value
$1,008,200
Total market value
$1,239,800
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1996
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
11,874 SF
Lot
1.77 ac (77,145 SF)
Zoning code
SCC
APN
C02-34 - - -00062
UPID
US80-1609297
Jurisdiction
SHELBY
Zoning & alternative use
SCC · Collierville, TNZoning SCC · permitted uses
SCC · Collierville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
9 TN Traditional Neighborhood District 151.050 MU Mixed Use District Commercial Districts 151.060 Statement of purpose 151.061 NC Neighborhood Commercial District 151.062 MPO Medical-Professional Office District 151.063 SCC Shopping Center Commercial District 151.064 CB Central Business District 151.065 GC General Commercial District Industrial Districts 151.075 Statement of purpose 151.076 RI - Restrictive Industrial District 151.077 GI -
Zone name
Shopping Center Commercial
General category
COMMERCIAL
Zone area
889.71 ac
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
OFFICE BUILDING
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
1996
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.77 ac
Current owner
From public records · entity-resolved
Porch Tree LLC
Entity
Mailing address
29510 CANAL RDO-200, ORANGE BEACH, AL 36561-4407
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2025
$970,000
Porch Tree LLC
Clear Capital Real Estate Fund I Ll
Warranty Deed
$776,000 · Bank3
Aug 24, 2021
$2,300,000
Clear Capital Real Estate Fund I Ll
Mid South Management Of Colliervill
Warranty Deed
—
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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