0 Poplar Ave & Byhalia Rd Collierville, TN 38017
This exceptional 40-acre commercial land parcel presents a rare development opportunity in Collierville, Tennessee. Strategically located at the intersection of W. Poplar Avenue and Byhalia Road, this site boasts significant advantages for investors and developers. The property is situated directly adjacent to a 400,000 square foot Walmart Supercenter, ensuring high visibility and accessibility. Zoning is already in place, streamlining the development process and minimizing potential delays. The area demonstrates exceptional economic strength, with average household incomes exceeding $140,000 within a 5-mile radius. This affluent demographic provides a robust consumer base for a wide range of commercial ventures. Within a 1-mile radius, the property benefits from the proximity of numerous established retailers and restaurants, including Target, Office Depot, Home Depot, Kroger, Lowe's, and Chili's, further enhancing its desirability and potential. High traffic counts on both W. Poplar Avenue (21,700 AADT) and Byhalia Road (24,062 AADT) guarantee significant exposure for any development. This property offers unparalleled potential for a variety of commercial uses, making it an exceptional investment opportunity in a thriving market. The property is located in Shelby County, Tennessee, with a zip code of 38017.
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
Physical attributes from public recordsZoning & alternative use
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.