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    Poplar Ave & Byhalia Rd Collierville, TN 38017

    For Sale
    Contact for pricing

    Prime Collierville land, high-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 40-acre commercial land parcel presents a rare development opportunity in Collierville, Tennessee. Strategically located at the intersection of W. Poplar Avenue and Byhalia Road, this site boasts significant advantages for investors and developers. The property is situated directly adjacent to a 400,000 square foot Walmart Supercenter, ensuring high visibility and accessibility. Zoning is already in place, streamlining the development process and minimizing potential delays. The area demonstrates exceptional economic strength, with average household incomes exceeding $140,000 within a 5-mile radius. This affluent demographic provides a robust consumer base for a wide range of commercial ventures. Within a 1-mile radius, the property benefits from the proximity of numerous established retailers and restaurants, including Target, Office Depot, Home Depot, Kroger, Lowe's, and Chili's, further enhancing its desirability and potential. High traffic counts on both W. Poplar Avenue (21,700 AADT) and Byhalia Road (24,062 AADT) guarantee significant exposure for any development. This property offers unparalleled potential for a variety of commercial uses, making it an exceptional investment opportunity in a thriving market. The property is located in Shelby County, Tennessee, with a zip code of 38017.

    Property Features for 0 Poplar Ave & Byhalia Rd

    General Information

    Property type
    Land
    Lot Size
    1,742,400 SF

    HighLights

    • Rare 40‑acre development opportunity in Collierville, TN, with zoning already approved.
    • High‑income area: Average household income exceeds $140,000 within a 5‑mile radius.
    • Excellent retail location: Adjacent to a 400,000 sq ft Walmart Supercenter and near Target, Office Depot, Home Depot, Kroger, Lowe's, and Chili's.
    • High traffic counts: W. Poplar Ave (21,700 AADT) and Byhalia Road (24,062 AADT).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Collierville
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.6891434
    Latitude
    35.0461118

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    FAQs

    What type of property is this?
    Land - Prime Collierville land, high-traffic location.
    Where is this land located?
    The property is located at Poplar Ave & Byhalia Rd Collierville, TN.
    What are key features of this property?
    This property features: Rare 40-acre development opportunity in Collierville, TN, with zoning already approved.; High-income area: Average household income exceeds $140,000 within a 5-mile radius.; Excellent retail location: Adjacent to a 400,000 sq ft Walmart Supercenter and near Target, Office Depot, Home Depot, Kroger, Lowe's, and Chili's.
    (901) 869-2720
    Request Owner's contact information
    Poplar Ave & Byhalia Rd 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
    Poplar Ave & Byhalia Rd Collierville, TN 38017
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