91 Peyton PkwyCollierville, TN 38017

Property Details for 91 Peyton Pkwy

Year built

2000

Lot size

0.72 AC

Property size (Sq ft)

5,124 SF

Zone code

R-3

Property type

Office properties

Property subtype

Office buildings

APN

C02-43 - - -00398

APU

C024300398

Description

This exceptional 1,263 square foot office suite is situated within a well-maintained, single-story, multi-tenant office building located in the thriving Collierville, TN community. The building, constructed in 2000, offers a total of 5,124 square feet and sits on a 0.72-acre lot. This Class B property is conveniently located near major thoroughfares, providing easy access for employees and clients. The suite itself is a turnkey space, perfect for small businesses or professional offices seeking a functional and efficient layout. Currently, 1,623 square feet of space is available for lease within the building, with a minimum divisible space of 1,263 square feet and a maximum contiguous space of 1,263 square feet. The building does not have elevators. This is an excellent opportunity for businesses looking to establish or expand their presence in a desirable Collierville location. The address is 91 Peyton Parkway, with a cross street of East Winchester Rd. The property is ideal for businesses seeking a functional and accessible office space in a vibrant community. The property is categorized as a traditional office space and is available for multiple tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $738,287

  6.5%

  $681,496

  7%

  $632,818

• Comparable approach

  Method

  Valuation

  Relative Method

  $399,467

  Geo Method

  $399,467

• Alternative Use

  Use

  Valuation

  Residential

  $845,055

  Hospitality

  $774,066

  Educational

  $644,014

  Medical

  $666,162

  Retail

  $1,001,799

Location Insight

City

Collierville

County

Shelby

State

Tennessee

Latitude

35.0427

Longitude

-89.7213

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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