Technical
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Distress signals
Property profile

0 Mags Ln Collierville, TN 38017

OFF-MARKET
Land
8.79 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 8.79 ac (382,892 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Mags Ln Collierville, TN 38017
Collierville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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