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    500 Market Blvd Collierville, TN 38017

    Sponsored
    For Sale
    Contact for pricing

    Prime Collierville location, high traffic, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.5 to 8.4-acre commercial land parcel presents a unique investment opportunity in the thriving Collierville, Tennessee market. Ideally situated adjacent to the Malco Collierville Towne Cinema and Baptist Medical Group, this property benefits from significant existing foot traffic and high visibility. The property's zoning allows for a variety of commercial uses, including Shopping Center Commercial (SCC), Mixed-Use (MPO), and Daycare facilities, offering flexibility for diverse development plans. A key advantage is the planned extension of Civic Center Drive, which will directly impact this property, creating additional road frontage and significantly increasing traffic flow. This strategic location, combined with the versatile zoning and the upcoming road improvement, positions this land for substantial future growth and return on investment. The address is 500 Market Blvd, Collierville, TN 38017, within Shelby County. The property's size and location make it an attractive prospect for developers seeking a prime site in a rapidly expanding area. This is a rare opportunity to acquire a large commercial parcel in a high-demand location with excellent access and visibility.

    Property Features for 500 Market Blvd

    General Information

    Property type
    Land
    Lot Size
    21,780 SF

    HighLights

    • Prime 0.5 to 8.4‑acre commercial land parcel in Collierville, TN.
    • Located at 500 Market Blvd, Collierville, TN 38017.
    • Zoned for SCC, MPO, and Daycare uses.
    • Adjacent to Malco Collierville Towne Cinema and Baptist Medical Group.
    • New Civic Center Dr. extension will increase frontage and traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Collierville
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.694053861813
    Latitude
    35.052533610174

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime Collierville location, high traffic, development potential.
    Where is this land located?
    The property is located at 500 Market Blvd Collierville, TN.
    What are key features of this property?
    This property features: Prime 0.5 to 8.4-acre commercial land parcel in Collierville, TN.; Located at 500 Market Blvd, Collierville, TN 38017.; Zoned for SCC, MPO, and Daycare uses.
    (901) 767-5240
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    500 Market Blvd 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
    500 Market Blvd Collierville, TN 38017
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