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    OFF-MARKET
    Land

    0 Highway 72, Collierville, TN 38017

    1.85 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 1.85 ac (80,586 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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