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    4625 Houston Levee Rd Collierville, TN 38017

    Sponsored
    For Sale
    Contact for pricing

    High-visibility commercial land, Hwy 385 frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 43.6-acre commercial land parcel presents a significant investment opportunity in Collierville, Tennessee. Strategically located on Highway 385 and Shelby Drive, this property boasts excellent visibility and accessibility, making it ideal for a variety of commercial uses. The land is currently approved for a car dealership, offering a clear path for development. Its substantial size allows for flexibility in development plans, with the possibility of subdivision to accommodate multiple businesses or a large-scale project. The property's prime location within the thriving Collierville market ensures strong potential for return on investment. The address is 4625 S Houston Levee Rd, Collierville, TN 38017, situated in Shelby County. Interested parties are encouraged to inquire for further details regarding zoning regulations, utility access, and potential development options. This is a rare opportunity to acquire a large, high-visibility commercial tract in a rapidly growing area. The property's location offers easy access to major transportation routes, ensuring convenient access for customers and employees. Don't miss this chance to secure a prime piece of Collierville real estate.

    Property Features for 4625 Houston Levee Rd

    General Information

    Property type
    Land
    Lot Size
    1,899,216 SF

    HighLights

    • 43.6‑acre commercial land parcel in Collierville, TN.
    • Located on Hwy 385 and Shelby Drive.
    • Approved for car dealership use.
    • Divisible.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Collierville
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.7227074
    Latitude
    35.0221471

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    FAQs

    What type of property is this?
    Land - High-visibility commercial land, Hwy 385 frontage.
    Where is this land located?
    The property is located at 4625 Houston Levee Rd Collierville, TN.
    What are key features of this property?
    This property features: 43.6-acre commercial land parcel in Collierville, TN.; Located on Hwy 385 and Shelby Drive.; Approved for car dealership use.
    (901) 767-5240
    Request Owner's contact information
    4625 Houston Levee Rd Collierville, TN 38017
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    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
    4625 Houston Levee Rd Collierville, TN 38017
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