Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    W Poplar Avenue & Byhalia Rd Collierville, TN 38017

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    40 acres available near retailers and restaurants.

    Added:
    Nov 25, 2025
    Days on Market:
    127
    Last Refresh:
    Mar 30 at 12:59 am

    Property Features for W Poplar Avenue & Byhalia Rd

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Danny Buring

    Listing agent Danny Buring

    Listing office

    Listing date Nov 25, 2025

    Source Tscg

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Danny Buring

    Overview

    40 Acres Near Walmart Supercenter

    A 40-acre site is available for purchase. The property is adjacent to a 400,000 square foot Walmart Supercenter. The location benefits from high traffic counts, with 21,700 AADT on W Poplar Avenue and 24,062 AADT on Byhalia Rd. The surrounding area features a high average household income of over $140,000 within a 5-mile radius. Retailers and restaurants within 1 mile include Walmart Supercenter, Target, Office Depot, Home Depot, Kroger, Lowe's, and Chili's. This site presents a rare development opportunity with zoning already in place.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Collierville
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.6789
    Latitude
    35.0596

    Nearby Similar for Sale

    • $350,000

      Historic Shelby County Commercial Space

      Versatile commercial space in Shelby County, ready for its next chapter.
      12017 MACON, Unincorporated, TN 38017
      View Details
    • $980,000

      Collierville Acreage with Existing House

      6+ acres with house, multiple buildings in Collierville, TN.
      450 FLETCHER, Collierville, TN 38017
      View Details
    • $399,000

      Collierville Commercial Land For Sale

      6-acre corner lot zoned GC with utilities in Collierville, TN.
      289 HARRIS, Collierville, TN 38017
      View Details
    • $159,000

      Corner Lot in Spring Creek

      Residential lot in established, upscale neighborhood with many amenities.
      450 SUGAREE, Collierville, TN 38017
      View Details
    • $69,900

      Residential Land in Prestigious Development

      Residential land for sale in Unicorp/Eads, Tennessee.
      JAMERSON FARM, Unicorp/Eads, TN 38017
      View Details
    • $445,000

      Wooded Land in Unincorporated, TN

      12.8 acres of wooded land with building potential.
      385 MONTEREY, Unincorporated, TN 38017
      View Details
    • $615,000

      Collierville Land Parcel For Sale

      Two parcels totaling 6.32 acres in Collierville, Tennessee.
      11957 E HOLMES, Collierville, TN 38017
      View Details
    • $615,000

      Collierville Land Parcel For Sale

      Two parcels totaling 6.32 acres in Collierville, Tennessee.
      11931 E HOLMES, Collierville, TN 38017
      View Details
    • $1,600,000

      Collierville Land with Development Potential

      Prime Collierville land suitable for development or investment.
      1492 SYCAMORE, Collierville, TN 38017
      View Details
    • $7,600,000

      Collierville Land in Prime Location

      34.11 acres of agricultural land with development potential.
      0 E SHELBY, Collierville, TN 38017
      View Details
    • $200,000

      Collierville Land For Sale

      Land available in Collierville, Tennessee.
      0 SHELBY, Collierville, TN 38017
      View Details
    • Contact for pricing
      10,731 SF

      Collierville Retail Building Near Interstate

      10,731 SF retail building near Carriage Crossing shopping center.
      10210 Collierville Rd, Collierville, TN 38017
      View Details

    FAQs

    What type of property is this?
    Commercial land - 40 acres available near retailers and restaurants.
    Where is this commercial land located?
    The property is located at W Poplar Avenue & Byhalia Rd Collierville, TN.
    What are key features of this property?
    This property features: Adjacent to a 400,000 SF Walmart Supercenter; Rare development opportunity with zoning in place; High income area with average household income over $140,000 (5 mile radius)
    (901) 334-5701
    We can help!
    Listing Contact
    Danny Buring
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!