6570 Stage RdBartlett, TN 38134
- Healthcare properties
- 54,812 SF
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
- Healthcare properties
- Property subtype
- Medical offices
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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