0 Highway 72, Collierville, TN 38017
This exceptional 1.85-acre commercial land parcel presents a unique investment opportunity in the rapidly expanding Piperton, Tennessee market. Strategically located on the high-traffic corner of Highway 72 and Cayce Road, this property boasts 123 feet of frontage along Highway 72, providing unparalleled visibility and accessibility. The site's location within a densely populated warehouse district creates a high demand for convenient food and beverage options, making it ideally suited for a quick-service restaurant (QSR). The surrounding area is characterized by a significant concentration of warehouses, indicating a substantial workforce in need of readily available food services. While the seller has restricted gas station use, the property's prime location and high visibility make it an attractive prospect for a variety of commercial developments. The property is situated in Fayette County, Tennessee, with a zip code of 38017, offering easy access to Collierville and other nearby communities. This corner lot presents a compelling investment opportunity for developers seeking to capitalize on the growth and demand in this thriving area. The asking price for this exceptional property is $1,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.