1175 Vickery LnMemphis, TN 38016
- Office properties
- 5,829 SF
Property Details for 1175 Vickery Ln
- Year built
- 2002
- Lot size
- 0.29 AC
- Property size (Sq ft)
- 5,829 SF
- Zone code
- R-6
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 091-011- - -00031
- APU
- 9101100031
Description
This 1500-square-foot traditional office space is ideally situated in the Villages of Cordova Office Park in Memphis, Tennessee. Located on the ground floor at 1175 Vickery Lane, Suite #101, Cordova, TN 38016, this single-tenant property offers convenient access, boasting three exterior entrance doors. The spacious layout includes multiple rooms, perfect for various business needs, and features a dedicated kitchenette. The office is part of a larger office park with three other offices sharing common areas, including men's and women's restrooms on both the first and second floors. Ample parking is available for tenants and visitors. The property's location is easily accessible, near the northeast corner of Macon Road and Dexter Lane, surrounded by established regional and national professional office companies. The interior comprises five distinct office rooms plus a general area, providing flexibility for diverse workspace configurations. This prime location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a well-appointed and conveniently located office space in Shelby County. Directions: From North Germantown Parkway, head east on Macon Road to Dexter Lane. Turn north onto Dexter Lane, then right onto Vickery Lane.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $839,866
- 6.5%
- $775,261
- 7%
- $719,886
-
Comparable approach
- Method
- Valuation
- Relative Method
- $454,429
- Geo Method
- $454,429
-
Alternative Use
- Use
- Valuation
- Residential
- $961,324
- Hospitality
- $880,568
- Educational
- $732,622
- Medical
- $757,818
- Retail
- $1,139,634
Location Insight
- City
- Cordova
- County
- Shelby
- State
- Tennessee
- Latitude
- 35.1572
- Longitude
- -89.7795
- 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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