100 Crescent DrCollierville, TN 38017
- Office properties
- 20,017 SF
Property Details for 100 Crescent Dr
- Year built
- 2000
- Lot size
- 1.94 AC
- Property size (Sq ft)
- 20,017 SF
- Zone code
- R-1
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- C02-44 - -A-00400
- APU
- C0244A00400
Description
This exceptional 20,017-square-foot industrial property in Collierville, Tennessee, presents a unique investment opportunity. Located at 100 Crescent Drive, 38017, this Class B building boasts a versatile design, encompassing 10,837 square feet of fully climate-controlled warehouse space and 9,180 square feet of office area. Built in 2000 and renovated in 2019, the single-story structure sits on a 1.94-acre lot and features two loading docks with levelers and seals, plus a grade-level door. The warehouse boasts a 20-foot ceiling height, while the office space includes eight private offices, a conference room, breakroom, copy room, server room, and kitting rooms. The property includes a backup generator with an automatic switch, concrete block construction, wet sprinklers, three-phase 480V electricity, and warehouse LED lighting. High security is ensured with controlled access and a comprehensive CCTV system. Ample parking is available with 28 spaces. The property is zoned for office use and offers a compelling combination of warehouse and office functionality, making it ideal for a variety of businesses. The asking price is $3,000,000, translating to $149.87 per square foot.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,884,132
- 6.5%
- $2,662,276
- 7%
- $2,472,114
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,560,525
- Geo Method
- $1,560,525
-
Alternative Use
- Use
- Valuation
- Residential
- $3,301,222
- Hospitality
- $3,023,902
- Educational
- $2,515,851
- Medical
- $2,602,375
- Retail
- $3,913,546
Location Insight
- City
- Collierville
- County
- Shelby
- State
- Tennessee
- Latitude
- 35.0421
- Longitude
- -89.6996
- 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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