Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    250 S Monterey Mills Rd Collierville, TN 38017

    Picture of Land at S Monterey Mills Rd 250, Collierville, TN
    For Sale
    $165,000

    Land - Unincorporated, TN

    Lot size:
    2.00 Acres
    Days on Market:
    174
    Last Refresh:
    Dec 13 at 10:06 pm

    Property Features for 250 S Monterey Mills Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res
    Lot size
    2.00 Acres

    Building Details

    Architectural style
    Other

    Memphis Property Management Professionals, MPMP, LLC (901) 756-5776 [email protected]

    Listing agent Ellen Smith (901) 756-5776

    Listing date Jun 23, 2025

    MLS# 10175698 Listing URL

    Copyright © 2025 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Unincorporated, TN

    This is a 2-acre lot in an unincorporated area of Tennessee, suitable for residential construction. A perc test has been completed. The property is located within a subdivision and is subject to only county taxes. The sellers have decided not to build.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Collierville
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.6510465
    Latitude
    35.1327131

    Nearby Similar for Sale

    • $1,299,000

      Collierville Office Building For Sale

      Leased office building with recent renovations in Collierville, TN.
      554 Green Tree Cv, Collierville, TN 38017
      View Details
    • $1,500,000
      6,000 SF

      Collierville Office Condominium For Sale

      Office condominium for sale near Town Hall and Chamber of Commerce.
      468 Halle Park Dr, Collierville, TN 38017
      View Details
    • $1,400,000

      Collierville Office Land Investment Opportunity

      Prime 3.39-Acre Office Development Site
      Houston Levee Rd, Collierville, TN 38017
      View Details
    • $595,000
      2,372 SF

      Collierville Restaurant - Hwy 72

      Prime Hwy 72 restaurant, 2372 sq ft.
      144 Us-72, Collierville, TN 38017
      View Details

    FAQs

    What type of property is this?
    Land - Two-acre lot suitable for building a dream home.
    Where is this land located?
    The property is located at 250 S Monterey Mills Rd Collierville, TN.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: - 2 Acre Lot provides ample space.; - Perc Test Completed, saving you time and expense.; - Ready to Build Dream Home on this fantastic parcel.
    (901) 756-5776
    Request Owner's contact information
    250 S Monterey Mills Rd Collierville, TN 38017
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    250 S Monterey Mills Rd
    Collierville, TN 38017
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    250 S Monterey Mills Rd Collierville, TN 38017
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.