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

    4625 Houston Levee Rd Collierville, TN 38017

    • Land
    • 43.60 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 4625 Houston Levee Rd

    Lot size
    43.60 lot acres
    Property type
    Land

    Description

    This exceptional 43.6-acre commercial land parcel presents a significant investment opportunity in Collierville, Tennessee. Strategically located on Highway 385 and Shelby Drive, this property boasts excellent visibility and accessibility, making it ideal for a variety of commercial uses. The land is currently approved for a car dealership, offering a clear path for development. Its substantial size allows for flexibility in development plans, with the possibility of subdivision to accommodate multiple businesses or a large-scale project. The property's prime location within the thriving Collierville market ensures strong potential for return on investment. The address is 4625 S Houston Levee Rd, Collierville, TN 38017, situated in Shelby County. Interested parties are encouraged to inquire for further details regarding zoning regulations, utility access, and potential development options. This is a rare opportunity to acquire a large, high-visibility commercial tract in a rapidly growing area. The property's location offers easy access to major transportation routes, ensuring convenient access for customers and employees. Don't miss this chance to secure a prime piece of Collierville real estate.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Collierville
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.7227
    Latitude
    35.0221

    Comparable in this City

    • Value Estimation by Request
      3.01 Acres

      855 Winchester Blvd

      Land • 3.01 Acres
      855 Winchester Blvd, Collierville, TN 38017
      View Details
    • Value Estimation by Request
      1.85 Acres

      Highway 72

      Land • 1.85 Acres
      0 Highway 72, Collierville, TN 38017
      View Details
    • Value Estimation by Request
      1.00 Acre

      385 & Houston Levee Rd

      Land • 1,400 SF
      385 & Houston Levee Rd, Collierville, TN 38017
      View Details
    • Value Estimation by Request
      26.00 Acres

      4097 Bailey Station Rd

      Land • 26.00 Acres
      4097 Bailey Station Rd, Collierville, TN 38017
      View Details
    • Value Estimation by Request
      0.50 Acres

      500 Market Blvd

      Land • 0.50 Acres
      500 Market Blvd, Collierville, TN 38017
      View Details
    • Value Estimation by Request
      40.00 Acres

      Poplar Ave & Byhalia Rd

      Land • 40.00 Acres
      0 Poplar Ave & Byhalia Rd, Collierville, TN 38017
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale Collierville

      Land available for sale in Collierville, Tennessee.
      S Houston Levee Rd, Collierville, TN 38017
      View Details
    • $615,000
      2.11 Acres

      Collierville Land Parcel For Sale

      Two parcels totaling 6.32 acres in Collierville, Tennessee.
      11931 E Holmes Rd, Collierville, TN 38017
      View Details
    • $575,000
      4.74 Acres

      Collierville Industrial Land - Hwy 72

      4.74 Acres, Prime Collierville Location
      0 Us Highway 72, Collierville, TN 38017
      View Details
    • Contact for pricing
      40.00 Acres

      Collierville Commercial Land - 40 Acres

      Prime Collierville land, high-traffic location.
      0 Poplar Ave & Byhalia Rd, Collierville, TN 38017
      View Details
    • Contact for pricing

      Land For Sale Collierville

      Land available for sale in Collierville, Tennessee.
      Holmes Rd, Collierville, TN 38017
      View Details
    • $499,000

      Collierville Land Parcel For Sale

      4.13 acre land parcel with industrial zoning potential.
      660 S Mount Pleasant Rd, Collierville, TN 38017
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land For Lease

      70 acres of retail and industrial zoned land available.
      500-598 S Byhalia Rd, Collierville, TN 38017
      View Details
    • Contact for pricing
      5,124 SF

      Collierville Office Space Available

      Prime 1,263 SF Office Suite, Collierville TN
      91 Peyton Pkwy, Collierville, TN 38017
      View Details
    • Contact for pricing
      1,269 SF

      Collierville Office Space Available

      Office space for rent in the heart of Collierville.
      574 Green Tree Cv, Collierville, TN 38017
      View Details
    • Contact for pricing
      94,552 SF

      Millington Retail Space Available

      Prime Retail Space, High Traffic Area
      8540 Us Highway 51, Millington, TN 38017
      View Details
    • Contact for pricing
      1,340 SF

      Retail Space on Poplar Avenue

      Retail space for lease in Collierville's Schilling Farms.
      1337 W Poplar Ave, Collierville, TN 38017
      View Details
    • Contact for pricing
      2,724 SF

      Retail Space in Carriage Crossing

      Thriving lifestyle center with retail and professional services tenants.
      4650 Merchants Park Cir, Collierville, TN 38017
      View Details
    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.
    4625 Houston Levee Rd
    Collierville, TN 38017
    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!