6570 Stage RdBartlett, TN 38134

Property Details for 6570 Stage Rd

Year built

1990

Lot size

1.86 AC

Property size (Sq ft)

54,812 SF

Zone code

O-R-1

Property type

Medical offices

Property subtype

Medical centers

APN

B01-57 - - -00681

APU

B015700681

Description

This two-story, 36,550-square-foot Class B office building in Bartlett, Tennessee, presents a compelling investment or occupancy opportunity. Located at 6570 Stage Road, this 1990-built property offers excellent visibility and accessibility. The building features multiple suites ranging from 2,917 to 5,095 square feet, currently offering 23,838 square feet of vacant space. Amenities include a covered entrance, ample surface parking, and a large underground parking garage. Situated on 1.86 acres, this meticulously maintained brick building provides a convenient location in a growing suburb of Memphis. The property's existing cash flow makes it ideal for a user-buyer seeking to offset occupancy costs. Its versatile design suits various medical and professional office uses, offering an excellent chance to establish, expand, or consolidate operations. The building's updated décor and large suites contribute to a professional and welcoming environment. This is a rare opportunity to acquire a well-maintained, high-visibility office building in a desirable Bartlett location.

• CAP approach

  CAP return

  Valuation

  6%

  $7,897,540

  6.5%

  $7,290,038

  7%

  $6,769,320

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,273,144

  Geo Method

  $4,273,144

• Alternative Use

  Use

  Valuation

  Residential

  $9,039,646

  Hospitality

  $8,280,268

  Educational

  $6,889,086

  Medical

  $7,126,012

  Retail

  $10,716,355

Location Insight

City

Bartlett

County

Shelby

State

Tennessee

Latitude

35.2052

Longitude

-89.8441

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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