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    Highway 72 Collierville, TN 38017

    Sponsored
    For Sale
    $575,000

    4.74 Acres, Prime Collierville Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.74-acre commercial land parcel presents a significant investment opportunity in the thriving Collierville, Tennessee market. Strategically located on the four-lane U.S. Highway 72, this property enjoys high visibility and accessibility between Poplar Avenue and State Highway 385. The expansive lot offers significant potential for a variety of commercial or industrial developments, as the land use plan permits both zoning classifications. Situated in Shelby County, with a 38017 zip code, the property's address is 0 Hwy 72 West, Collierville, TN. Its precise coordinates are latitude 35.0603204 and longitude -89.6439924. The asking price for this prime piece of real estate is $575,000. Given its location, size, and zoning flexibility, this property is ideally suited for businesses seeking a prominent presence in a rapidly growing area. The substantial acreage provides ample space for construction and future expansion, making it an attractive proposition for developers and investors alike. Don't miss this chance to acquire a highly desirable commercial property in a prime Collierville location.

    Property Features for 0 Highway 72

    General Information

    Property type
    Land
    Lot Size
    206,474 SF

    HighLights

    • 4.74‑acre commercial land parcel in Collierville, TN.
    • High‑visibility location on four‑lane US Highway 72, between Poplar Ave and State Hwy 385.
    • Zoned for commercial and industrial use.
    • Asking price: $575,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Collierville
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.6439924
    Latitude
    35.0603204

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    FAQs

    What type of property is this?
    Land - 4.74 Acres, Prime Collierville Location
    Where is this land located?
    The property is located at Highway 72 Collierville, TN.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: 4.74-acre commercial land parcel in Collierville, TN.; High-visibility location on four-lane US Highway 72, between Poplar Ave and State Hwy 385.; Zoned for commercial and industrial use.
    Request Owner's contact information
    Highway 72 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
    Highway 72 Collierville, TN 38017
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