5847 Stage RdBartlett, TN 38134

Property Details for 5847 Stage Rd

Year built

1942

Lot size

0.40 AC

Property size (Sq ft)

6,218 SF

Zone code

CG-MS

Property type

Retail properties

Property subtype

Auto shops

APN

B01-56 - - -00296-C

APU

B015600296C

Description

This exceptional 6,218-square-foot single-tenant flex building is ideally situated at 5847 Stage Road in Bartlett, Tennessee, within the Bartlett Station Historic District. The property offers a versatile space suitable for a variety of retail or industrial uses, boasting a total of 6,218 square feet currently available for lease. The building's classification as a flex space provides the adaptability needed for businesses requiring a blend of office and warehouse or retail space. Its location in the historic district offers unique advantages and potential benefits from municipal incentives. The property is conveniently located in Shelby County, Tennessee, with the full address being 5847 Stage Road, Bartlett, TN 38134. The property's single-tenant occupancy ensures ease of management and control for the new owner or lessee. This presents a rare opportunity to acquire a well-positioned, versatile commercial property in a desirable location. The building's size and layout provide ample space for various business operations, making it an attractive option for companies seeking to establish or expand their presence in the Bartlett area. The property's location within the Bartlett Station Historic District adds to its appeal, offering a unique blend of historical charm and modern functionality. Interested parties are encouraged to explore the potential benefits of municipal incentives available in this area. This property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,316,995

  6.5%

  $1,215,688

  7%

  $1,128,853

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,221,583

  Geo Method

  $1,221,583

• Alternative Use

  Use

  Valuation

  Residential

  $1,025,478

  Hospitality

  $939,333

  Educational

  $781,514

  Medical

  $808,391

  Retail

  $1,215,688

Location Insight

City

Bartlett

County

Shelby

State

Tennessee

Latitude

35.2039

Longitude

-89.8682

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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