660 Mount Pleasant Rd Collierville, TN 38017
Exceptional investment opportunity in Collierville, Tennessee, encompassing 6.33 acres of land ideally suited for industrial development. This property is comprised of two parcels: a 2.2-acre parcel located at 0 Progress Road, with a restricted industrial zoning designation (Parcel ID: C0245 00350), and a 4.13-acre parcel situated at 660 S Mt Pleasant Rd (Parcel ID: C0259 00040), currently zoned for agricultural use but possessing significant potential for industrial rezoning. The combined land area offers substantial frontage along Highway 385, providing convenient access via Highway 72 and Shelby Drive. The asking price for this strategically located property is $798,000, translating to a land value of $2.89 per square foot. This presents a rare chance to acquire a sizable tract of land with high development potential in a thriving Collierville location, offering excellent connectivity to major transportation arteries. The property's dual parcel composition allows for flexible development strategies, catering to a range of industrial projects. This is a remarkable opportunity for investors seeking to capitalize on the growth and demand within the Collierville industrial market. The Shelby County location and proximity to key roadways ensure strong logistical advantages for any future development. This property is offered at $798,000.
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Georgetown Construction Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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