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    Houston Levee Rd Collierville, TN 38017

    Sponsored
    For Sale
    $1,400,000

    Prime 3.39-Acre Office Development Site

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 3.39-acre parcel in Collierville, TN presents a remarkable opportunity for office development. Already approved for up to 20,000 square feet of office space, this site boasts an enviable location near a variety of retail and business establishments, ensuring high visibility and convenient access for future tenants. The property's strategic position near Walgreens and St. George's Independent School, among other businesses, guarantees a strong commercial presence and a desirable surrounding environment. With an estimated daily traffic count of approximately 20,000 vehicles, this location offers unparalleled exposure for any developed office space. The land is completely vacant, providing a blank canvas for a custom-designed office building tailored to specific needs and maximizing the potential return on investment. This is an ideal opportunity for developers seeking a prime location with pre-approved plans, simplifying the development process and accelerating the timeline to occupancy. The high traffic volume and proximity to established businesses make this a highly attractive proposition for both investors and end-users. Don't miss this chance to secure a premier office development site in a thriving Collierville community. The asking price is $1,400,000.

    Property Features for Houston Levee Rd

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    2023
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Collierville
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.73125
    Latitude
    35.10384

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    FAQs

    What type of property is this?
    Office Property / Space - Prime 3.39-Acre Office Development Site
    Where is this office property / space located?
    The property is located at Houston Levee Rd Collierville, TN.
    What is the asking price?
    The asking price for this property is $1,400,000.
    (901) 850-7889
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    Houston Levee Rd Collierville, TN 38017
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    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
    Houston Levee Rd Collierville, TN 38017
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