0 Mags Ln Collierville, TN 38017
This exceptional 8.79-acre residential lot presents a unique opportunity in the thriving Collierville, Tennessee market. Located on Mags Lane in Shelby County, zip code 38017, this property is zoned R-1, allowing for the construction of single-family homes. The land offers significant potential for custom home building or a smaller-scale residential development. Priced at $295,000, the lot boasts a price per acre of $33,561. Its location within a desirable area contributes to its high value. The property's expansive size and prime location make it an attractive investment, offering a blend of serene beauty and upscale ambiance. The low Fayette County taxes represent a significant financial advantage, further enhancing the property's overall value and appeal to discerning buyers. The property's Assessor's Parcel Number (APN) is 143 143 01300. This is a rare opportunity to acquire a substantial residential lot in a highly sought-after Collierville neighborhood. Don't miss this chance to build your dream home or develop a premier residential project.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.