500 Market Blvd Collierville, TN 38017
This exceptional 0.5 to 8.4-acre commercial land parcel presents a unique investment opportunity in the thriving Collierville, Tennessee market. Ideally situated adjacent to the Malco Collierville Towne Cinema and Baptist Medical Group, this property benefits from significant existing foot traffic and high visibility. The property's zoning allows for a variety of commercial uses, including Shopping Center Commercial (SCC), Mixed-Use (MPO), and Daycare facilities, offering flexibility for diverse development plans. A key advantage is the planned extension of Civic Center Drive, which will directly impact this property, creating additional road frontage and significantly increasing traffic flow. This strategic location, combined with the versatile zoning and the upcoming road improvement, positions this land for substantial future growth and return on investment. The address is 500 Market Blvd, Collierville, TN 38017, within Shelby County. The property's size and location make it an attractive prospect for developers seeking a prime site in a rapidly expanding area. This is a rare opportunity to acquire a large commercial parcel in a high-demand location with excellent access and visibility.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.