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    451 Halley St Collierville, TN 38017

    For Sale
    $500,000

    8.9 Acres, Light Industrial Zoning, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 8.9-acre parcel presents a compelling investment opportunity within the thriving Collierville Industrial Park in Shelby County, Tennessee. Located at 451 Halley Street, Collierville, TN 38017, this property boasts light industrial zoning, making it ideal for a variety of commercial ventures. The land offers convenient ingress and egress access via South Street, ensuring seamless transportation and logistics. The expansive acreage provides ample space for development, allowing for significant flexibility in design and construction. Situated within an established industrial park, this location benefits from existing infrastructure and a strategic position within the Collierville commercial landscape. With its prime location, zoning designation, and accessibility, this property is well-suited for businesses seeking a strong foothold in a rapidly growing area. The asking price for this remarkable opportunity is $500,000. This represents a significant chance to acquire a substantial land holding in a highly desirable location. Don't miss this chance to secure your future in Collierville's dynamic industrial sector. The property's coordinates are 35.039929 latitude and -89.654246 longitude.

    Property Features for 451 Halley St

    General Information

    Property type
    Land
    Lot Size
    387,684 SF

    HighLights

    • $500,000 asking price.
    • 8.9‑acre land parcel.
    • Located in Collierville, Tennessee.
    • Collierville Industrial Park location.
    • Light industrial zoning.
    • Access via South Street.
    Property Profile Insight Report 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
    -89.654246
    Latitude
    35.039929

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    FAQs

    What type of property is this?
    Land - 8.9 Acres, Light Industrial Zoning, Prime Location
    Where is this land located?
    The property is located at 451 Halley St Collierville, TN.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: $500,000 asking price.; 8.9-acre land parcel.; Located in Collierville, Tennessee.
    (901) 853-0763
    Request Owner's contact information
    451 Halley St 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
    451 Halley St Collierville, TN 38017
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