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Residential Land Home Site
For Sale
$300,000

487 W Us Highway 72, Collierville, TN 38017

For-sale home lot suitable for building a residential property at your preferred design and layout.

Property SizeContact for details
Days on Market348

Property Features for 487 W Us Highway 72

General Information

Standard status Active
Property subtype Land
Listing Agency: Crye-Leike, Inc., REALTORS
Listed By: Cheryl Henderson-Banks
Source: Exprealty
Added: Aug 31, 2025 Changed: Aug 8 Last Checked: Jun 30 at 8:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crye-Leike, Inc., REALTORS

Investment Insights

Based on property information with market context.

This offering is for residential land and home lot use, positioned for a buyer looking to develop a custom home on an individual site. The property is presented as land (not an existing building), providing flexibility for future layout decisions based on the buyer’s plans.

The land is located at 487 W US Highway 72 in Collierville, Tennessee. The location along a US highway corridor can support convenient day-to-day access for residents and visitors, with the site directly tied to the address provided.

For buyers planning to build, this home lot format can be a straightforward starting point when you want to design and construct a residential property rather than purchase an existing structure. Interested parties should review the property details and any applicable development requirements with their advisors to confirm site planning, permitting, and intended use.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

619
Businesses Nearby

Demographics for 38017, TN

55,114
Population
20,850
Households
2.6
Avg Household Size
41
Median Age
60%
College-Educated
96%
High-School Grad
82.0 sq mi
ZIP Area
672
Density / Sq Mi
$135,946
Median Household Income
$70,857
Median Earnings
$1,489
Median Rent
$469,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - For-sale home lot suitable for building a residential property at your preferred design and layout.
Where is this residential land & home lot located?
The property is located at 487 W Us Highway 72 Collierville, TN.
What is the asking price?
The asking price for this property is $300,000.
More about this property
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