1175 Vickery LnMemphis, TN 38016

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 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.

• 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

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