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    Wolf Riv Blvd & Bray Sta Rd Collierville, TN 38017

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    For Sale
    Contact for pricing

    5.189 Acres, Prime Location, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 5.189-acre commercial land parcel presents a unique investment opportunity in Collierville, Tennessee. Ideally situated on the hard corner of Wolf River Boulevard and Bray Station Road, this property boasts high visibility and accessibility. The current zoning is R-1, but there's potential for rezoning to R-2 or MPO, offering flexibility for a variety of development projects. This prime location in one of Memphis' fastest-growing and most exclusive suburbs benefits from excellent proximity to schools, shopping, and dining options. The high traffic volume on Wolf River Boulevard, with an Annual Average Daily Traffic (AADT) of 20,766 vehicles, ensures significant exposure for any future development. The property's address is Wolf River Blvd & Bray Station Rd, Collierville, TN 38017, within Shelby County. Its geographic coordinates are latitude 35.0877126 and longitude -89.7060373. This is a rare chance to acquire a substantial tract of land in a thriving community with strong potential for significant return on investment. The property's size and location make it suitable for a wide range of commercial ventures, capitalizing on the area's robust growth and desirable lifestyle. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

    Property Features for 0 Wolf Riv Blvd & Bray Sta Rd

    General Information

    Property type
    Land
    Lot Size
    226,033 SF

    HighLights

    • Excellent development opportunity in a rapidly growing Memphis suburb.
    • R‑1 zoning with potential upzoning to R‑2 or MPO.
    • Convenient location near schools, shopping, and restaurants.
    • High traffic counts on Wolf River Blvd (20,766 AADT).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Collierville
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.7060373
    Latitude
    35.0877126

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    FAQs

    What type of property is this?
    Land - 5.189 Acres, Prime Location, High Traffic
    Where is this land located?
    The property is located at Wolf Riv Blvd & Bray Sta Rd Collierville, TN.
    What are key features of this property?
    This property features: Excellent development opportunity in a rapidly growing Memphis suburb.; R-1 zoning with potential upzoning to R-2 or MPO.; Convenient location near schools, shopping, and restaurants.
    Request Owner's contact information
    Wolf Riv Blvd & Bray Sta 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
    Wolf Riv Blvd & Bray Sta Rd Collierville, TN 38017
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